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NDTV scales 52-week high after turnaround Q4 results

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The company announced the Q4 results after market hours on Thursday, 9 May 2013.

Meanwhile, the S&P BSE Sensex was up 59.09 points or 0.3% at 19,998.13.

On BSE, 3.38 lakh shares were traded in the counter as against average daily volume of 17,443 shares in the past one quarter.

The stock hit a high of Rs 90.15 so far during the day, which is a 52-week high for the counter. The stock hit a low of Rs 82 so far during the day. The stock had hit a 52-week low of Rs 38.55 on 11 May 2012.

The stock had outperformed the market over the past one month till 9 May 2013, jumping 27.27% compared with the Sensex's 9.4% rally. The scrip had also outperformed the market in past one quarter, surging 8.36% as against Sensex's 2.33% rise.

 

The small-cap television broadcaster has equity capital of Rs 25.79 crore. Face value per share is Rs 4.

New Delhi Television's (NDTV) consolidated revenue jumped 37.06% Rs 196 crore in Q4 March 2013 over Q4 March 2012. Operating profit galloped 425% to Rs 42 crore in Q4 March 2013 over Q4 March 2012.

NDTV reported consolidated net profit of Rs 1.91 crore in the year ended 31 March 2013 (FY 2013), as against net loss of Rs 87.38 crore in the year ended 31 March 2012 (FY 2012). Net sales rose 6.9% to Rs 506.64 crore in FY 2013 over FY 2012.

NDTV is news broadcaster, with three news channels--NDTV 24x7 (English), NDTV India (Hindi) and NDTV Profit (business). The company also broadcasts NDTV Good Times, an up-market lifestyle channel. It also broadcasts Astro Awani, a channel in Malaysia and Independent Television with Beximco Group in Bangladesh.

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First Published: May 10 2013 | 9:53 AM IST

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