MUMBAI: Media scrips dipped today as the finance minister appeared to have ignored the media and entertainment sector. Apart from Zee Telefilms and Cinevistaas, several other listed stocks such as Balaji Telefilms, Mukta Arts, Creative Eye and Television Eighteen stocks fell.
Yesterday, the stocks were on the upswing due to the favourable sentiments based on the positive impetus for the media sector which was likely to come from the drop in the duties of set top boxes. However, there was a general sense of disappointment today.
On the Bombay Stock Exchange (BSE), the Zee Telefilms scrip opened the day at Rs 83.25, climbed to Rs 84 - up 0.90 per cent. A total of 751,815 shares were traded. The P/E ratio is 24.77 and the EPS at Rs 3.35. The scrip bucked a five-day losing trend today and is expected to benefit from the budget related announcements and post conditional access system implementation.
On the National Stock Exchange (NSE), the scrip opened at Rs 83.40, rose 1.14 per cent to end the day at Rs 83.95. The total volume traded was 1,595,496.
On the BSE, the Balaji Telefilms scrip opened the day at Rs 73.95 - fell 2.03 per cent - to Rs 72.45. A total of 20,018 shares were traded. On NSE, the scrip opened at Rs 74.25; fell 2.44 per cent to end the day at Rs 72. The total volume traded was 59,306.
On the BSE, the Mukta Arts scrip opened the day at Rs 61.25; fell 3.10 per cent to Rs 59.35. A total of 64,525 shares were traded. On the NSE, the scrip opened at Rs 61.95; fell 5.46 per cent to end the day at Rs 58. The total volume traded was 81,609.
On the BSE, the Television Eighteen scrip opened the day at Rs 60.95; fell to Rs 60.25 - down 1.15 per cent. A total of 13,152 shares were traded. On the NSE, the scrip opened at Rs 63.50; fell 2.46 per cent to end the day at Rs 59.55. The total volume traded was 49,046.
On the BSE, the Cinevistaas scrip opened the day at Rs 26.05; climbed to Rs 26.10 - up 0.19 per cent. A total of 1,135 shares were traded. On the NSE, the scrip opened at Rs 26.25; rose by 0.95 per cent to Rs 26.50. The total volume traded was 1,010.
