NSE-listed media stock hits 7-year high after net profit rises 49% in Q1FY25, ₹7 dividend declared; Buy or sell?
5 months, 1 week ago

NSE-listed media stock hits 7-year high after net profit rises 49% in Q1FY25, ₹7 dividend declared; Buy or sell?

Live Mint  

DB Corp Share Price Today: Shares of Dainik Bhaskar Corp Ltd hit a fresh record at a historic seven-year high on Tuesday after the print media company announced its April-June quarter results for fiscal 2024-25. DB Corp Q3 Results DB Corp reported a rise of 49 per cent in net profit at ₹118 crore, compared to ₹79 crore in the corresponding period last year. Our digital platform, with currently 18 million MAUs, is a powerful pillar of growth,'' said Sudhir Agarwal, Managing Director, DB Corp. DB Corp Share Price Trend On Tuesday, shares of DB Corp opened at ₹386 and surged around five per cent to hit a fresh 52-week high mark of ₹403.90. In the last three months, DB Corp gave 33.57 per cent returns, compared to 10.51 per cent and 9.95 per cent by Nifty 50 and Sensex respectively. In the last one year, the media stock gave 99.49 per cent returns, compared to 25.81 per cent and 22.16 per cent returns by Nifty 50 and Sensex.

History of this topic

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