NDTV gains 5% as founders plan to sell 27.26% stake to Adani group

On Friday, founders Prannoy Roy and Radhika Roy said that they would sell 27.26 per cent out of their 32.26 per cent shareholding in the news broadcaster to the Adani Group

Shares of New Delhi Television (NDTV) were up 5 per cent to Rs 357.60 in Monday’s intra-day trade, after the company’s founders Prannoy Roy and Radhika Roy decided to sell 27.26 per cent out of their 32.26 per cent shareholding in the news broadcaster to the Adani Group. READ HERE

At 09:50 AM; NDTV traded 3 per cent higher at Rs 352.10, as against 0.84 per cent rise in the S&P BSE Sensex. In the past six months, the stock appreciated 105 per cent, after Adani group proposed to acquire majority stake. Earlier, it had hit a