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TV18 Broadcast Ltd jumps more than 9%

Capital Market 

TV18 Broadcast Ltd is quoting at Rs 22.4, up 9.27% on the day as on 12:54 IST on the NSE. The stock is down 53.24% in last one year as compared to a 3.3% slide in NIFTY and a 35.74% slide in the Nifty Media index.

TV18 Broadcast Ltd gained for a third straight session today. The stock is quoting at Rs 22.4, up 9.27% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.47% on the day, quoting at 11057.45. The Sensex is at 37402.85, down 0.48%. TV18 Broadcast Ltd has slipped around 4.68% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has slipped around 10.73% in last one month and is currently quoting at 1832.75, up 0.16% on the day. The volume in the stock stood at 46.98 lakh shares today, compared to the daily average of 18.93 lakh shares in last one month.

The PE of the stock is 28.47 based on TTM earnings ending June 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: Tue, August 13 2019. 13:05 IST
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