Next Mediaworks Ltd

Next Mediaworks Ltd (NEXTMEDIA)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-7.38 %
3 Month Return6.6 %
1 Year Return-8.14 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 414
Rank 381
Rank 494
Dividend Yield
Rank 184
Rank 649
Price To Book Ratio
Rank 327
Debt To Asset
Rank 32

Company Information

MidDay Multimedia Limited operates as a media company in India. It owns and operates various community newspapers including Mid Day and Sunday Mid Day for English readers Gujarati Mid Day and Urdu daily Inquilab. The company also operates Radio One 94.3 FM with stations at Ahmedabad Bangalore Chennai Delhi and Pune. In addition it engages in outdoor advertising business. MidDay Multimedia Limited is based in Mumbai India.The Company was originally incorporated at Mumbai as a private limited company on March 12 1981. In July 2000 the company was renamed as MidDay Multimedia Limited and was converted into a public limited company. During the year 20012002 the company through its subsidiary Newsday Communication Limited has done pilot project namely Metro a free weekly community paper in India in Bandra Andheri and Ghatkopar. The company started the process of recasting its business model in order to lower the fixed cost components.During the year 20032004 the company launched an exciting new product namely The Morning Quick in the morning news segment. During the year the company released the movie namely Black Friday.During the year 20052006 the company added more colour and more supplement to the newspaper. The companys radio division won six new licenses in Mumbai Delhi Chennai Bangalore Pune and Calcutta.During the year 20062007 the company radio division launched three new radio stations in Bangalore Chennai and Calcutta. Also the company re acquired the Delhi Mid Day brand. During the year 20082009 the company launched Pune Edition of MiD Day. Also it launched Calcutta and Pune Radio stations. During the year the company transferred its print and publishing business to its wholly owned subsidiary Midday Infomedia Limited.
OrganisationNext Mediaworks Ltd