Sun TV Network lost 2.02% to Rs 377.55 at 12:24 IST on BSE after net profit rose 41.37% to Rs 218.38 crore on 11.6% growth in total revenue to Rs 568.09 crore in Q2 September 2015 over Q2 September 2014.
The result was announced during market hours today, 28 October 2015.
Meanwhile, the S&P BSE Sensex was down 151.82 points or 0.56% at 27,101.62.
On BSE, so far 3.56 lakh shares were traded in the counter as against average daily volume of 3.96 lakh shares in the past one quarter.
The stock was volatile. The stock lost as much as 2.36% at the day's low of Rs 376.25 so far during the day. The stock rose as much as 2.76% at the day's high of Rs 396 so far during the day. The stock had hit a 52-week low of Rs 256.05 on 22 July 2015. The stock had hit a 52-week high of Rs 459.95 on 20 March 2015.
The stock had underperformed the market over the past one month till 27 October 2015, gaining 2.53% compared with Sensex's 5.37% rise. The stock had, however, outperformed the market in past one quarter, surging 31.81% as against Sensex's 1.12% fall.
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The large-cap company has equity capital of Rs 197.04 crore. Face value per share is Rs 5.
Sun TV Network's advertisement revenue rose 15.8% to Rs 301.37 crore in Q2 September 2015 over Q2 September 2014. Subscription revenue rose 9.99% to Rs 197.42 crore in Q2 September 2015 over Q2 September 2014.
The company's earnings before interest, taxation, depreciation and amortization (EBITDA) rose 9.3% to Rs 432.23 crore in Q2 September 2015 over Q2 September 2014.
Sun TV Network is one of the largest television broadcasters in India, operating satellite television channels across four languages of Tamil, Telugu, Kannada and Malayalam and presently airing FM radio stations across India.
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