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TV18 Broadcast Ltd in demand

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Capital Market
Last Updated : May 11 2020 | 1:32 PM IST

TV18 Broadcast Ltd is quoting at Rs 20.3, up 3.57% on the day as on 12:54 IST on the NSE. The stock is down 26.71% in last one year as compared to a 16.18% slide in NIFTY and a 46.87% slide in the Nifty Media index.

TV18 Broadcast Ltd gained for a third straight session today. The stock is quoting at Rs 20.3, up 3.57% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 9344.6. The Sensex is at 31960.28, up 1%. TV18 Broadcast Ltd has gained around 28.89% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has gained around 6.6% in last one month and is currently quoting at 1105.1, up 3.07% on the day. The volume in the stock stood at 25.08 lakh shares today, compared to the daily average of 53.91 lakh shares in last one month.

The PE of the stock is 109.17 based on TTM earnings ending March 20.

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First Published: May 11 2020 | 1:05 PM IST

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