 "Sun TV profit up by 16% in Q4")
Kalanithi Maran-owned Sun Television Network's (Sun TV's) stock price spiked 26 per cent to Rs 694, also its lifetime high, on the National Stock Exchange in early morning trade.
Friday morning is the first trading day for the company after a special court discharged Kalanithi Maran and his brother and former Union minister Dayanidhi Maran in the Aircel-Maxis case. On Thursday, the company's stock price closed at Rs 551.85 a share, up by 1.30 or 0.24 per cent.
The court observed "no prima facie case warranting framing of charge against any of the accused is made out" because the charges against them
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