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TV18 Broadcast Ltd slips for fifth straight session

Capital Market 

TV18 Broadcast Ltd is quoting at Rs 25.7, down 1.15% on the day as on 13:24 IST on the NSE. The stock tumbled 54.27% in last one year as compared to a 9.13% rally in NIFTY and a 33.79% fall in the Nifty Media index.

TV18 Broadcast Ltd dropped for a fifth straight session today. The stock is quoting at Rs 25.7, down 1.15% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.14% on the day, quoting at 11688.7. The Sensex is at 39026.59, up 0.17%.TV18 Broadcast Ltd has lost around 10.92% in last one month.Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has eased around 6.83% in last one month and is currently quoting at 2053.7, up 1.01% on the day. The volume in the stock stood at 17.45 lakh shares today, compared to the daily average of 44.34 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 25.75, down 0.96% on the day. TV18 Broadcast Ltd tumbled 54.27% in last one year as compared to a 9.13% rally in NIFTY and a 33.79% fall in the Nifty Media index.

The PE of the stock is 51.9 based on TTM earnings ending March 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, June 18 2019. 13:36 IST
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