Shares of Jagran Prakashan will remain in focus as its board is meeting on Thursday to consider a buyback proposal. Analysts will monitor the price, quantum and mode of the buyback. Most analysts believe that demonetisation would have adversely impacted the company. Promoters hold 60.76 per cent stake in the company. Mutual funds own 12.59 per cent, foreign portfolio investors 15.68 per cent and retail investors 2.06 per cent in the company.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.