jump Networks is currently trading at Rs. 56.80, up by 0.85 points or 1.52% from its previous closing of Rs. 55.95 on the BSE.
The scrip opened at Rs. 57.40 and has touched a high and low of Rs. 59.00 and Rs. 56.40 respectively. So far 24577 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 62.00 on 30-Jul-2019 and a 52 week low of Rs. 20.70 on 01-Oct-2018.
Last one week high and low of the scrip stood at Rs. 59.00 and Rs. 54.55 respectively. The current market cap of the company is Rs. 570.78 crore.
The promoters holding in the company stood at 1.84%, while Institutions and Non-Institutions held 0.45% and 97.71% respectively.
Jump Networks (JUMPNET) has signed an annual digital services agreement of minimum guaranteed revenues of Rs 100 crore to provide wholesale Voice over Internet Protocol (VoIP) services.
The agreement has been entered into with Amtelfone Incorporated (Amtelfone), a fast-growing tele-communication service provider, offering wholesale VoIP minutes and prepaid calling services to different markets.
The company will provide Amtelfone its proprietary VoIP application called ‘JumpTalk’ on a wholesale Software-As-A-Service (Saas) model.
Jump Networks operates in the media and entertainment sector in India. It engages in producing, distributing, broadcasting, marketing, and recording television programs; and informing and entertaining through the medium of television.