73.0400 0.05 (0.07%)
NSE Aug 01, 2025 15:31 PM
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Jagran Prakashan Ltd.
02 Jun 2020, 12:00AM
73.04
0.07%
ICICI Securities Limited
Print ad revenue was down 24.3% YoY on account of economic slowdown coupled with the lockdown in the last week of March. Circulation was also affected due to supply chain disturbance. It witnessed a decline of 9.6% YoY. The ad spend from corporates has further declined in the current quarter (Q1FY21E-TD) and is minimal at 20% of pre-Covid level. Circulation is slowly regaining lost readership and is currently at 80% of normal levels. We believe the ad scenario will remain challenging in the near term and will only grow slowly if economic sentiments improve. We expect print ad revenues...
Jagran Prakashan Ltd. is trading above its 100 day SMA of 72.5
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