News Headline
Bull is back at Dalal Street, media stocks up
MUMBAI: After a fall of 190 points in four sessions running, the market on Friday got the bull by its horns. The barometer 30-stock Bombay Stock Exchange (BSE) sensex pulled up yesterday by a good 78.88 points from 3,647.58 a week ago on 18 July to settle at 3,726.46 which is close to the 52-week high of Rs 3750.
The trading session opened with the Sensex at 3,685.31.
Follow-up buying in several index counters like cement, steel and bank continued through the day and lifted the market to an intra day high of 3737.76. Possibility of a hike in steel prices next week pushed up stocks from the sector. Positive quarterly results from ICICI Bank, Century Textiles and GNFC boosted the market further. Analysts believe easy money in the market and high growth rate projections for the economy also fuelled the bull run and speculated that the index could cut into the 3750-mark by Monday.
The Sensex closed the day at 3726, up 58 points.
Total market cap for the BSE sensex was Rs 3,051,707 million out of which the media and publishing sector accounts for 1.56 per cent.
Tips closed stronger by 10 per cent at Rs 40. Sri Adhikari Brothers gained 6% at Rs 73. Cinevista was up 4 per cent at Rs 30. Crest Communications at Rs 34.50 and Balaji Telefilms at Rs 72 ended the day with gains of 3 per cent each.
On the last trading day of the week ended 25 July 2003, the one media scrip that showed up on the top traded index scrips on BSE was Zee Telefilms Ltd. The company registered volumes of above 2.5 million and market capitalisation was Rs 47801.6 million. The scrip closed at Rs 115.9 down by 0.94 per cent and brought down the index by around 0.02 per cent.
Valuations for the media sector
Company
Current Price
P/E(x)
EV/EBDITA(x)
EV/SALES(x)
Price to Book(x)
ROE(%)
Balaji Telefilms 72.80 2.24 1.41 2.22 4.89 45.73
Cinevista 29.75 0.00 -17.60 -16.04 0.37 -1.96
Creative Eye 14.98 20.35 7.19 20.32 0.57 4.10
Crest Communications 34.80 0.00 -9.04 -4.97 0.46 -5.09
G.V.Films 3.40 0.00 -68.94 -29.72 0.07 -0.25
Jain Studio 17.10 0.00 -3.06 -3.23 0.60 -14.36
Mukta Arts 52.25 9.33 7.28 9.36 1.01 17.87
Penta Software 10.45 0.93 1.59 3.02 0.09 188.21
Saregama 54.00 0.00 -3.55 -2.85 0.28 -20.69
Sriadhikari Brothers 71.40 11.76 5.62 12.94 0.42 13.21
Tips Industries 40.10 0.00 2.08 -2.68 0.48 27.72
TV Eighteen 92.10 30.17 13.18 36.05 1.00 9.38
Zee Telefilms 114.60 36.65 19.87 40.78 0.88 199.64
Note:
Current price for the stock is the latest available price.
PE multiple, Enterprise Value (EV), and Price/Book value (P/B) are based on current price.
Sales, EBIDTA, Earnings Growth, Book value and ROE are based on the most recent financial year figures.
The above data are based on information available on www.bseindia.com, www.indiabulls.com et al.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
