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The results of the Wave 3 of Indian Listenership Track 2006-2007 were released on 16 March 2007, by the Media Research Users Council (MRUC). The fieldwork for the survey was done AC Nielsen from December 2006 to February 2007.
A strong 35,549 shares had changed hands in the counter on BSE by afternoon trade.
The stock had been bound to a range over the past one month. It moved between Rs 306 - Rs 325 from 13 February 2007 to 20 February 2007.
Entertainment Network India is India's largest private FM radio operator, Radio Mirchi.
Radio Mirchi is operational in 10 cities, with 22 more launches in the pipeline.
Recently, Radio Mirchi launched Visual Radio in Delhi and Mumbai.
Radio Mirchi is also expanding to consolidate its position. The company will be investing Rs 150 crore for expansion, which will include a license fee and an installation fee.
For the December 2006 quarter, ENIL reported a net profit of Rs 12.40 crore on net sales of Rs 46.74 crore.
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