TV18 Broadcast Ltd drops for fifth straight session

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Capital Market
Last Updated : Aug 02 2019 | 1:50 PM IST

TV18 Broadcast Ltd is quoting at Rs 20.8, down 2.58% on the day as on 13:24 IST on the NSE. The stock tumbled 34.14% in last one year as compared to a 3.89% slide in NIFTY and a 34.77% fall in the Nifty Media index.

TV18 Broadcast Ltd fell for a fifth straight session today. The stock is quoting at Rs 20.8, down 2.58% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 10919.05. The Sensex is at 36866.73, down 0.41%.TV18 Broadcast Ltd has eased around 14.05% in last one month.Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has eased around 11.41% in last one month and is currently quoting at 1896.8, down 1.37% on the day. The volume in the stock stood at 10.05 lakh shares today, compared to the daily average of 19.54 lakh shares in last one month.

The PE of the stock is 29.65 based on TTM earnings ending June 19.

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First Published: Aug 02 2019 | 1:36 PM IST

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