Business Standard

Sun TV Network hits 52-week low, stock down 10% in two trading sessions

In the last one year, Sun TV has underperformed the market by falling 24 per cent, as against a 0.1 per cent gain on the S&P BSE Sensex.

Weak signals emerge for Sun TV due to lower OTT spending, ad growth

SI Reporter mum
Shares of Sun TV Network hit a 52-week low of Rs 402.55, down 1.5 per cent on the BSE in Thursday’s trade in an otherwise firm market. The stock of the TV broadcasting & software production company has declined 10 per cent in the past two trading sessions, erasing its entire gain recorded after conclusion of the much-awaited Indian Premier League (IPL) rights for 2023-27.

Shares of Sun TV fell below its previous low of Rs 403 touched on May 19, 2022. At 10:14 AM, the stock traded almost flat at Rs 409, as compared to 1.1 per cent

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 23 2022 | 10:31 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to