Sun TV Network surged 4.23% to Rs 382.75 at 14:47 IST on BSE after two block deals aggregating 13.90 lakh shares were executed in the counter on BSE.
A block deal of 12.55 lakh shares was executed at Rs 372.25 per share at 10:47 IST. Another block deal of 1.35 lakh shares was executed at Rs 379 per share at 12:10 IST. The two block deals constitute 0.35% of Sun TV Network's equity.
Meanwhile, the S&P BSE Sensex was down 51.01 points or 0.24% at 20,847.
On BSE, 16.25 lakh shares were traded in the counter as against average daily volume of 69,000 shares in the past two weeks.
The stock hit a high of Rs 385 and a low of Rs 367.25 so far during the day.
Sun TV Network's net profit rose 11.5% to Rs 169.16 crore on 7.6% growth in net sales to Rs 466.41 crore in Q2 September 2013 over Q2 September 2012.
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Sun TV Network offers satellite television channels across four languages of Tamil, Telugu, Kannada, Malayalam. It also airs FM radio stations across India.
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