The announcement was made after market hours on Thursday, 9 May 2013.
Meanwhile, the BSE Sensex was up 64.28 points, or 0.32%, to 20,003.32.
On BSE, 17,555 shares were traded in the counter as against an average daily volume of 12,824 shares in the past one quarter.
The stock hit a high of Rs 123.70 and a low of Rs 106.30 so far during the day. The stock had hit a 52-week high of Rs 121.80 on 1 June 2012. The stock had hit a 52-week low of Rs 82 on 31 July 2012.
The stock had outperformed the market over the past one month till 9 May 2013, rising 7.58% compared with the Sensex's 9.40% rise. The scrip had also outperformed the market in past one quarter, rising 5.46% as against Sensex's 2.33% rise.
The mid-cap company has an equity capital of Rs 47 crore. Face value per share is Rs 2.
On a consolidated basis, HT Media's net profit rose 11.3% to Rs 53.61 crore on 4.7% increase in net sales to Rs 540.25 crore in Q3 December 2012 over Q3 December 2011. The company's board will consider financial results for the year ended on 31 March 2013 on 14 May 2013.
HT Media is one of India's foremost media companies, and home to three leading newspapers in the country in the English, Hindi and Business news segments - 'Hindustan Times' (English daily), 'Hindustan' (Hindi daily, through a subsidiary) and 'Mint' (business daily). The company also has four FM radio stations - Fever 104 FM in Delhi, Mumbai, Bengaluru and Kolkata. The company has also made a foray into the Internet space through its subsidiary Firefly e-Ventures and has launched successful portals.
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