TV Today Network hits record high; stock zooms 50% in September

Thus far in September 2017, the stock outperformed the market by surging 50% from Rs 243, against 0.75% rise in the S&P BSE Sensex

TV Today Network hit record high of Rs 364, up 6% on BSE, extending its rally for the past month on back of heavy volumes.

So far in September 2017, the stock outperformed the market by surging 50% from Rs 243, against 0.75% rise in the S&P BSE Sensex.

Since August 10, post April-June quarter (Q1FY18) results, it zoomed 69% from Rs 216 after the company reported a good performance on operating level. On comparison, the benchmark index was up 1.3% during the same period.

The company’s profit before interest, tax, depreciation and amortization or EBITDA for the