MUMBAI: UTV Software Communications is the latest buzzing entertainment stock on the Indian bourses.
The companyâ€™s stock touched its 52-week high of Rs 608.00 before ending the day at Rs 589.70 (up 6.29 per cent), even while the Bombay Stock Exchange (BSE) index fell by 54.06 points today (11 September, 2007).
UTVâ€™s share has been up by 24 per cent in the last one week and has moved from Rs 478.65 as of
Movies that are in the pipeline from the companyâ€™s AIM listed subsidiary â€“ UTV Motion Pictures are Welcome, Jodhaa Akbar and Dhan Dhana Dhan Goal.
On the other hand, other film companies like Tips Industries also touched its 52 week high of Rs 74.85 before ending the day at Rs 70.20; whereas Saregama