TV Today flops after poor Q4 result

TV Today Network lost 3.34% to Rs 432.70 at 11:21 IST on BSE after net profit dropped 12.48% to Rs 32.62 crore on 1.86% fall in total income to Rs 189.35 crore in Q4 March 2018 over Q4 March 2017.

The result was announced after market hours yesterday, 22 May 2018.

Meanwhile, the S&P BSE Sensex was down 66.42 points or 0.19% at 34,584.82.

On the BSE, 7,194 shares were traded on the counter so far as against the average daily volumes of 9,239 shares in the past two weeks. The stock had hit a high of Rs 438.70 and a low of Rs 426 so far during the day. The stock had hit a record high of Rs 557.95 on 16 March 2018. The stock had hit a 52-week low of Rs 211 on 10 August 2017.

 

The small-cap company has equity capital of Rs 29.83 crore. Face value per share is Rs 5.

TV Today Network is engaged in news broadcasting operations. The company is a part of India Today group and operates a network of TV news channels.

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