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Standard pivot points - most widely used
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹23.51 | +₹2.90 | +14.07% |
| R3 | ₹22.39 | +₹1.78 | +8.64% |
| R2 | ₹21.93 | +₹1.32 | +6.40% |
| R1 | ₹21.27 | +₹0.66 | +3.20% |
| PIVOT | ₹20.81 | 0.20 | 0.97% |
| CURRENT | ₹20.61 | - | - |
| S1 | ₹17.91 | -₹2.70 | -13.10% |
| S2 | ₹19.03 | -₹1.58 | -7.67% |
| S3 | ₹19.69 | -₹0.92 | -4.46% |
| S4 | ₹20.15 | -₹0.46 | -2.23% |
is trading CPR, indicating
CPR is
Day's range: ~
Trading Inside opening range
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Digidrive Distributors Limited, based in Mumbai, India, is a relatively new company, incorporated in 2022. Its core business lies in the distribution of retail products across various digital marketplaces within India. This encompasses two main operational segments: Trading and Publication.
The Trading segment focuses on the distribution of physical products. A key product within this segment is the Carvaan, a portable digital music player. Digidrive acts as a crucial link in bringing this product to consumers through its established network within the Indian digital retail landscape. This likely involves partnerships with major e-commerce platforms and potentially smaller online retailers. The success of this segment hinges on efficient supply chain management, effective marketing, and cultivating strong relationships with both the manufacturer and the end consumers.
The Publication segment centers around OPEN magazine, a weekly publication featuring current affairs and feature articles. This segment differs significantly from the Trading segment, dealing with a digital and print media product rather than a physical consumer electronic device. Digidrive's role extends beyond simple distribution; they likely manage aspects of printing, marketing, and potentially even some aspects of the magazine’s production. Success in this segment depends on factors like editorial quality, effective marketing and advertising strategies, and distribution channels across both print and digital platforms.
Beyond the core Trading and Publication segments, Digidrive also offers supplementary services. These encompass media services, the printing of materials, and broader marketing support. This suggests a vertically integrated business model, where Digidrive seeks to control various stages of the product lifecycle, potentially increasing profitability and enhancing control over its brand portfolio. These additional services may also be offered to other businesses, creating another revenue stream beyond their own internal needs.
In summary, Digidrive Distributors Limited, alongside its subsidiary Open Media Network Private Limited, operates as a multifaceted distributor and publisher. Its success relies on efficiently navigating the complexities of the Indian digital marketplace, managing its supply chain effectively, and delivering high-quality products and services in both the consumer electronics and media sectors. The company’s relatively recent incorporation suggests a focus on growth and expansion within the Indian market.
2nd Floor, Spencer Bldg, 30 Forjett Street
Mumbai
MAHARASHTRA
IN
Website:https://www.digidrivelimited.com/
Group: Media & Entertainment
Sector: Communication Services
Industry: Entertainment
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 8
IPO Date: 10/01/2024
Mr. Alok Kalani
Non-Executive Chairman of the Board
Mr. Asish Ray
Chief Financial Officer
Ms. Kriti Jain
Compliance Officer, Company Secretary
Mr. Kiran Bandekar
Managing Director, Executive Director
Mr. Gopal Rathi
Non-Executive Director
Mr. Santanu Bhattacharya
Independent Director
Ms. Iram Hassan
Independent Director
Mr. Vinod Kumar
Independent Director
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