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NDTV Completes Rights Issue, Boosts Equity Capital

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NDTV Completes Rights Issue, Boosts Equity Capital

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New Delhi Television Limited ( (IN:NDTV) ) has issued an update.

New Delhi Television Limited has announced the successful allotment of 48,353,450 equity shares through a rights issue, priced at ₹82 per share. This move significantly increases the company’s paid-up equity share capital, enhancing its financial capacity and potentially strengthening its market position.

More about New Delhi Television Limited

New Delhi Television Limited is a prominent player in the media industry, primarily focusing on television broadcasting. The company is known for its news and current affairs programming, catering to a diverse audience across India.

Average Trading Volume: 16,049

Technical Sentiment Signal: Sell

Current Market Cap: 12.82B INR

Find detailed analytics on NDTV stock on TipRanks’ Stock Analysis page.

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