MAM
Media stocks gain but Balaji slips on the bourses
MUMBAI: The markets settled above the key resistance level of 3037-3049 on Friday, 16 May 2003 and the 30-stock BSE Sensex was up 43.61 points at 3,056.58 and the NSE Nifty was up 13.25 at 973.10 – as compared to the BSE Sensex of 2,950 last week. It was a good week for media stocks, as all the companies except for Balaji Telefilms, gained on the bourses.
On 16 May, Zee Telefilms opened the day on the Bombay Stock Exchange (BSE) at Rs 74.60, gained 3.82 per cent to end the day at Rs 77.45 (as compared to Rs 75.60 on 9 May). The volume of shares trades was around 1.84 million shares on 16 May. The news pertaining to Zee group’s plans to enter the film distribution business seems to have helped the scrip. Zee also announced its first Indo-France film venture earlier this week.
On the National Stock Exchange (NSE), the Zee Telefilm scrip started the day (16 May) at Rs 75.20; rose 4.14 per cent to end the day at Rs 77.90 (as compared to Rs 75.40 on 9 May). The volume of shares traded was around 4.12 million.
The Balaji Telefilms scrip opened the day (16 May 2003) at Rs 58.75; dropped 6.81 per cent and ended the day at Rs 54.75 (as compared to Rs 59.75 on 9 May). The volume traded was 189,722 shares.
On the NSE, the scrip opened the day at Rs 56.90; fell by 8.74 per cent to end the day at Rs 53.80 (as compared to Rs 59.65 on 9 May). The volume of shares traded was 782,079. Balaji Telefilms annual results will be announced on 22 May.
The Television Eighteen India scrip opened at Rs 77.65 on 16 May, gained 4.19 per cent to end the day at Rs 80.90 (as compared to Rs 71.05 on 9 May and Rs 74.95 on 2 May) on the BSE. On the NSE, it opened at Rs 79.90, gained 3.59 per cent and ended the day at Rs 80.75 (as compared to Rs 70.90 on 9 May and Rs 74.60 on 2 May). The volume of shares traded was 115,931 on the NSE.
Sri Adhikari Brothers Television Network (SABTNL) opened the day (16 May) at Rs 63.05; gained 0.71 per cent to end the day at Rs 63.50 (as compared to Rs 54.45 on 9 May). The volume of shares traded was 61,859 on the BSE. On the NSE, the scrip ended the day at Rs 63.75 (up 0.79 per cent) as compared to Rs 54.40 (on 9 May ) and Rs 55.75 (on 2 May). The volume of shares traded was 199,652 on the NSE.
Cinevistaas opened the day (16 May) at Rs 27.30; gained 2.56 per cent to end the day at Rs 28 (as compared to Rs 23. 50 on 9 May) on the BSE. On the NSE, the scrip opened at Rs 27.75; gained 8.29 per cent to end the day at Rs 29.40 (as compared to Rs 25.50 on 9 May).
Creative Eye opened the day (16 May) at Rs 12.70; rose 12.20 per cent to end the day at Rs 14.25 (as compared to Rs 11.55 on 9 May) on the BSE. On the NSE, the scrip rose 10.94 per cent to end the day at Rs 14.20 (as compared to Rs 11.50 on 9 May).
The ETC Networks scrip rose opened the day at Rs 47.35; rose 2.22 per cent to end the day at Rs 48.40 (as compared to Rs 45 on 9 May and Rs 38.85 on 2 May) on the BSE.
Exchange rate: $1 = Rs 47.15
Brands
Hyundai Venue crosses 1 lakh bookings, adds HX8 Diesel AT variant
New top-spec automatic diesel trim brings ventilated seats, OTA updates and paddle shifters.
MUMBAI: Hyundai Venue just hit the jackpot and upgraded the prize because when you cross 1 lakh bookings, you don’t just celebrate, you throw in paddle shifters and ventilated seats for the ride. Hyundai Motor India Limited (HMIL) announced that the all-new Hyundai Venue has achieved 1 lakh bookings, cementing its strong position in the compact SUV segment. To mark the milestone and further enhance customer choice, the company introduced the new HX8 Diesel Automatic (AT) variant.
The HX8 Diesel AT is powered by the proven U2 1.5L CRDi diesel engine paired with a 6-speed automatic transmission. It adds a host of premium comfort, safety and convenience features, including:
- Ventilated front seats
- Dual-tone leatherette seats with VENUE branding
- Electric 4-way driver seat adjust
- Controller Over-the-Air (OTA) updates
- Hyundai Bluelink connected car technology
- Electric parking brake with auto hold
- Rear disc brakes
- Ambient lighting on crash pad and central console
- Drive mode select (Eco, Normal, Sport)
- Traction control modes (Sand, Mud, Snow)
- Paddle shifters
HMIL, managing director & CEO Tarun Garg said, “We are delighted that the new Hyundai Venue has crossed 1 lakh bookings, reaffirming the strong trust Indian customers place in our brand. The introduction of the new HX8 Diesel Automatic variant further strengthens the Venue lineup, offering customers the perfect blend of diesel efficiency, torque-rich performance and effortless convenience.”
Backed by Hyundai’s extensive sales and service network, the Venue continues to appeal to buyers seeking a feature-rich, comfortable and future-ready compact SUV. The new variant reinforces HMIL’s focus on delivering advanced technology, safety, comfort and value while adapting to evolving customer preferences.
In a segment where bookings are the real horsepower, Hyundai isn’t just counting milestones, it’s handing drivers an automatic upgrade that makes every journey feel like the victory lap.
