ENIL gains on commencing broadcast from its radio station at Amravati

Entertainment Network (India) is currently trading at Rs. 534.25, up by 1.80 points or 0.34% from its previous closing of Rs. 532.45 on the BSE. The scrip opened at Rs. 534.25 and has touched a high and low of Rs. 534.25 and Rs. 534.25 respectively. So far 25 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 751.80 on 06-Aug-2018 and a 52 week low of Rs. 508.00 on 27-Mar-2019. Last one week high and low of the scrip stood at Rs. 554.00 and Rs. 513.55 respectively. The current market cap of the company is Rs. 2546.79 crore.

The promoters holding in the company stood at 71.15%, while Institutions and Non-Institutions held 21.82% and 7.03% respectively. Entertainment Network India (ENIL) has commenced broadcast from its radio station at Amravati (92.1 FM) on April 3, 2019. The radio station was acquired under Phase 3 auctions.

ENIL is one of the leading entertainment and Media Company. The company operates in three segments: radio broadcasting segment, out-of-home media segment and experiential marketing segment. Radio broadcasting segment operates under the brand Radio Mirchi.

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