Sun TV Network Ltd up for third straight session

Sun TV Network Ltd is quoting at Rs 557.35, up 4.35% on the day as on 12:54 IST on the NSE. The stock is down 40.7% in last one year as compared to a 11.51% spurt in NIFTY and a 29.7% spurt in the Nifty Media index.

Sun TV Network Ltd gained for a third straight session today. The stock is quoting at Rs 557.35, up 4.35% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 2.8% on the day, quoting at 11727. The Sensex is at 39040.78, up 2.93%. Sun TV Network Ltd has slipped around 7.29% in last one month.

Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has slipped around 5.99% in last one month and is currently quoting at 2190.25, up 1.23% on the day. The volume in the stock stood at 10.29 lakh shares today, compared to the daily average of 17.66 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 558.2, up 4.04% on the day. Sun TV Network Ltd is down 40.7% in last one year as compared to a 11.51% spurt in NIFTY and a 29.7% spurt in the Nifty Media index.

The PE of the stock is 15.07 based on TTM earnings ending December 18.

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