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Sun TV Network Ltd rises for third consecutive session

Capital Market

Sun TV Network Ltd is quoting at Rs 600.45, up 1.9% on the day as on 12:54 IST on the NSE. The stock is down 30.18% in last one year as compared to a 12.69% spurt in NIFTY and a 26.89% spurt in the Nifty Media index.

Sun TV Network Ltd gained for a third straight session today. The stock is quoting at Rs 600.45, up 1.9% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 11508.05. The Sensex is at 38338.47, up 0.54%. Sun TV Network Ltd has slipped around 2.51% in last one month.

 

Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has slipped around 4.24% in last one month and is currently quoting at 2385.65, up 2.14% on the day. The volume in the stock stood at 10.86 lakh shares today, compared to the daily average of 22.04 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 599, up 1.52% on the day. Sun TV Network Ltd is down 30.18% in last one year as compared to a 12.69% spurt in NIFTY and a 26.89% spurt in the Nifty Media index.

The PE of the stock is 16.56 based on TTM earnings ending December 18.

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First Published: Mar 28 2019 | 1:05 PM IST

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