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TV18 Broadcast Ltd extends upmove

Capital Market 

TV18 Broadcast Ltd is quoting at Rs 26.65, up 1.33% on the day as on 12:49 IST on the NSE. The stock is down 17.87% in last one year as compared to a 10.39% drop in NIFTY and a 19.26% drop in the Nifty Media.

TV18 Broadcast Ltd gained for a fifth straight session today. The stock is quoting at Rs 26.65, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.64% on the day, quoting at 12020.6. The Sensex is at 40954.55, down 0.46%. TV18 Broadcast Ltd has risen around 7.24% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has risen around 1.5% in last one month and is currently quoting at 1827.25, down 0.86% on the day. The volume in the stock stood at 31.41 lakh shares today, compared to the daily average of 54.76 lakh shares in last one month.

The PE of the stock is 113.48 based on TTM earnings ending December 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 10 2020. 13:00 IST
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