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Network 18 Media & Investments Ltd eases for fifth straight session

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Capital Market

Network 18 Media & Investments Ltd is quoting at Rs 33.4, down 1.18% on the day as on 13:24 IST on the NSE. The stock tumbled 34.76% in last one year as compared to a 9.5% rally in NIFTY and a 28.72% fall in the Nifty Media index.

Network 18 Media & Investments Ltd dropped for a fifth straight session today. The stock is quoting at Rs 33.4, down 1.18% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 11622.25. The Sensex is at 38711.22, up 0.17%.Network 18 Media & Investments Ltd has eased around 1.91% in last one month.Meanwhile, Nifty Media index of which Network 18 Media & Investments Ltd is a constituent, has increased around 1.73% in last one month and is currently quoting at 2358.6, up 1.07% on the day. The volume in the stock stood at 1.74 lakh shares today, compared to the daily average of 3.21 lakh shares in last one month.

 

The PE of the stock is 0 based on TTM earnings ending March 19.

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First Published: Apr 23 2019 | 1:35 PM IST

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