• Welcome to DreamDTH Forums
    An online community for the television enthusiasts!
    Log in or Register

UTV shares up 10% on Disney buy buzz

Napster

Registered
Joined
7 Apr 2011
Messages
939
Reaction score
170
Shares of UTV Software Communications rose 9.86 per cent on Monday, reacting to a strong market speculation that Disney would be upping its stake in the company.

Disney holds 50.44 per cent out of a total promoter holding of 70.26 per cent while Ronnie Screwvala and associates have the rest, according to data provided by the company till 31 March 2011.

"The buzz is that Disney will be buying at around Rs 800 per share. A formal announcement is expected on 10 June. This shored up the scrip price," multiple dealers said. Screwvala was not reachable till the filing of this report. UTV spokesperson did not respond to Indiantelevision.com's queries.

Shares of UTV closed Monday at Rs 730.95, up by Rs 65.60 from its previous close (Rs 665.35). The stock touched an intraday high of Rs 748 and a low of Rs 657.60.

The total traded value was Rs 670.6 million on the BSE.

UTV Software Communications is an integrated media company with interests in television broadcasting, production, movies, and gaming businesses.
 
Thread starter Similar threads Forum Replies Date
Biswajit.HD UTV shareholders approve delisting of shares TV Channels News 0
Aryanrawat13 UTV ACTION channel content queries TV Channels News 0
Ishwar Saroya High Quality PNG Logo of UTV Channels Hollywood 2
Ishwar Saroya UTV Action & UTV HD 2020 Movies TV Channels News 0
I Breaking DishTv Lanka Add UTV Tamil Dish TV Lanka 3
Samit Patil Non receipt of UTV Channels in star value pack d2h (formerly Videocon d2h) 6
Deepak_DTH Discussion Any channels like UTV World Movies & NDTV Lumiere? General DTH News & Discussions 2
Gurmeet singh Breaking UTV Action,UTV Movie & Bindass now running rs300 pack(part of star pack) Fastway Digital Cable TV 19
S Breaking UTV HD Added by DEN-KOLKATA DEN Networks 0
rajnish201 UTV HD is showing unsubscribed Airtel Digital TV HD 0
Akash Solanki Sad News Fastway drop Zee & Disney utv Pack Digital Cable TV 11
Dinesh jain Good News UTV HD Showing Punjabi Songs. TV Channels News 0
hike DDF Exclusive UTV HD added on Hathway Jaipur LCN : 372 Hathway Digital Cable TV 0
M UTV HD in Pune Hathway Digital Cable TV 2
pangebaaz Regarding UTV Hd in secondary connection Airtel Digital TV HD 10
Gurmeet singh Breaking UTV HD Added By Fastway Fastway Digital Cable TV 10
Sagar Good News UTV HD added by Tata Sky Tata Sky HD 28
Choco7905 Breaking UTV HD now launched by DBIL TV Channels News 45
SarfaRaZ Breaking Tata Sky Launching "UTV HD" w.e.f 21st Oct 18 Tata Sky HD 21
Deep.S Tata Sky Testing "UTV HD" on its Platform Tata Sky HD 5
somnath chakraborty Good News UTV HD & Movie House added by ADTV Airtel Digital TV 36
Gssran Breaking “UTV HD” Started From IS20 Intelsat Updates 26
Vadirocks Breaking UTV HD Launching On 21st Oct By DBIL TV Channels News 32
M.J.Sadiq DTH Updates Toonami and Udayam channels removed, UTV added, another slot of A Plus Kids TV added by Dialog DTH Foreign DTH Services 0
M.J.Sadiq DDF Exclusive UTV Movies (another slot) added on existing EPIC HD slot Tata Sky 0

Similar threads

Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock