Graphisads secures 12 Major Project Launches in Delhi/NCR Q1FY24
Graphisads secures contracts for 12 major project launches in Delhi/NCR in Q1 FY24, totaling Rs. 9.41 crore, involving prominent real estate groups.
by Damodharan N
Updated Jul 13, 2024
Table of Content
Graphisads Limited, along with its subsidiary Spike Advertising Pvt. Ltd., has announced its successful involvement in 12 significant project launches across Delhi and the National Capital Region (NCR) in the first quarter of the fiscal year 2024.
The projects include a variety of media campaigns and advertising initiatives awarded directly by prominent real estate entities like AU Real Estate - Agarwal Associates Group, Saya Homes Pvt Ltd, Alphacorp Development Private Limited, and others.
The scope of work ranged from publishing pager jacket ads and full-page newspaper ads to executing extensive outdoor media campaigns. The total contract value for these projects amounts to Rs. 9,41,46,083. Graphisads highlighted its commitment to stakeholder interests, emphasizing timely project execution and delivery as key priorities.
Read the full announcement Here
Market Reaction
Following the announcement of Graphisads securing 12 major project launches in Delhi/NCR for Q1 FY24, the market reaction was positive but modest. On July 12, 2024, Graphisads' stock opened at Rs. 52.55, reached a high of Rs. 52.90, and closed at Rs. 52.00.
The trading volume was 39,600 shares, valued at Rs. 20,58,600.00 across 32 trades. This indicates a moderate investor interest in the company's recent project wins.
Get the Share price on NSE Here
Graphisads
Graphisads is a prominent player in the advertising industry, boasting decades of experience and a strong reputation for creativity and competitiveness. Empanelled with DAVP in the Multimedia Category, Graphisads handles central and state government campaigns at DAVP rates and owns over 1000 outdoor advertising units.
With a team of 100+ professionals specializing in creative, marketing, and media planning, Graphisads has successfully managed campaigns for 500+ brands across diverse sectors.
The agency is recognized for its transparent operations and is accredited by key industry bodies like the Indian Newspaper Society and All India Radio, reflecting its commitment to excellence and innovation in advertising solutions.
Graphisads secures 12 Major Project Launches in Delhi/NCR Q1FY24 - FAQs
1. What is the significance of Graphisads' recent announcement about 12 major project launches in Delhi/NCR?
Graphisads has secured contracts for extensive media campaigns and advertising projects in the region.
2. Which real estate entities awarded these projects to Graphisads?
AU Real Estate - Agarwal Associates Group, Saya Homes Pvt Ltd, Alphacorp Development Private Limited, among others.
3. What types of media campaigns were included in these projects?
They involve publishing pager jacket ads, full-page newspaper ads, and executing outdoor media campaigns.
4. What is the total contract value of these projects?
The total contract value of these projects is Rs. 9,41,46,083.
5. How did the market react to Graphisads' project wins?
The market response was positive but moderate, with a slight increase in stock price and trading volume.
6. What were Graphisads' stock prices on July 12, 2024?
Opened at Rs. 52.55, reached a high of Rs. 52.90, and closed at Rs. 52.00.
7. How many shares were traded on July 12, 2024, following the announcement?
The Shares traded on July 12, 2024, following the announcement of 39,600 shares.
8. How many outdoor advertising units does Graphisads own?
The outdoor advertising units have over 1000.
9. What industry bodies accredit Graphisads?
Indian Newspaper Society and All India Radio.
10. What is Graphisads' specialization in the advertising industry?
They specialize in creative, marketing, and media planning services for diverse sectors, managing campaigns for over 500 brands.