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TV18 Broadcast Ltd rises for third consecutive session

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Capital Market
Last Updated : Aug 27 2019 | 1:17 PM IST

TV18 Broadcast Ltd is quoting at Rs 20.2, up 1.76% on the day as on 12:54 IST on the NSE. The stock is down 57.78% in last one year as compared to a 5.39% drop in NIFTY and a 33.24% drop in the Nifty Media index.

TV18 Broadcast Ltd gained for a third straight session today. The stock is quoting at Rs 20.2, up 1.76% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 11106.15. The Sensex is at 37628.39, up 0.36%. TV18 Broadcast Ltd has slipped around 8.6% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has slipped around 7.3% in last one month and is currently quoting at 1922.85, down 0.53% on the day. The volume in the stock stood at 7.16 lakh shares today, compared to the daily average of 16.4 lakh shares in last one month.

The PE of the stock is 27.5 based on TTM earnings ending June 19.

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First Published: Aug 27 2019 | 1:05 PM IST

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