Raj Television Network lost 2.54% to Rs 61.40 at 14:21 IST on BSE after the company reported net loss of Rs 4.69 crore in Q1 June 2017, compared with net loss of Rs 0.79 crore in Q1 June 2016.
The result was announced during market hours today, 13 September 2017.Meanwhile, the S&P BSE Sensex was up 134.25 points or 0.42% at 32,292.91. The S&P BSE Small-Cap index advanced 7.46 points or 0.04% at 16,625.30.
On the BSE, 9,938 shares were traded on the counter so far as against the average daily volumes of 3,814 shares in the past one quarter. The stock had hit a high of Rs 62 and a low of Rs 56.20 so far during the day. The stock had hit a 52-week high of Rs 75.95 on 6 December 2016 and a 52-week low of Rs 51.50 on 10 July 2017.
The stock had outperformed the market over the past one month till 12 September 2017, advancing 5% compared with the Sensex's 3.03% rise. The stock had also outperformed the market over the past one quarter, gaining 10.24% as against the Sensex's 3.42% rise. The scrip had, however, underperformed the market over the past one year, advancing 0.64% as against the Sensex's 13.42% rise.
The small-cap company has equity capital of Rs 25.96 crore. Face value per share is Rs 5.
Raj Television Network is an established television broadcasting company in south India.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content