NDTV gains after trimming losses in Q4

New Delhi Television gained 3.55% to Rs 100.60 at 14:30 IST on BSE after company reported consolidated net loss of Rs 1 crore in Q4 March 2016 compared with consolidated net loss of Rs 17 crore in Q4 March 2015.

The result was annouinced after market hours yesterday, 5 May 2016.

Meanwhile, the BSE Sensex was down 24.39 points, or 0.1%, to 25,237.82.

On BSE, so far 18,367 shares were traded in the counter, compared with an average volume of 40,384 shares in the past one quarter. The stock hit a high of Rs 103.60 and a low of Rs 100.10 so far during the day. The stock hit a 52-week high of Rs 131.70 on 15 May 2015. The stock hit a 52-week low of Rs 63.10 on 18 January 2016. The stock had underperformed the market over the past one month till 5 May 2016, dropping 5.68% compared with the Sensex's 1.52% gains. The scrip had also underperformed the market in past one quarter, dropping 7.12% as against Sensex's 2.62% gains.

The small-cap company has an equity capital of Rs 25.79 crore. Face value per share is Rs 4.

New Delhi Television (NDTV)'s revenue rose 3.59% to Rs 173 crore in Q4 March 2016 over Q4 March 2015. NDTV's board of directors decided to consider restructuring/de-merger and separate listing of NDTV Convergence (ndtv.com) to unlock shareholder value. NDTV.com is an internet business with a global reach and more than 6.5 crore unique visitors a month. NDTV Convergence has been consistently profitable.

NDTV is one of the leading news broadcasters in India.

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