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Sun TV Network Ltd drops for fifth straight session

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Capital Market

Sun TV Network Ltd is quoting at Rs 458.25, down 2.31% on the day as on 13:24 IST on the NSE. The stock tumbled 42.74% in last one year as compared to a 5.13% rally in NIFTY and a 34.04% fall in the Nifty Media index.

Sun TV Network Ltd fell for a fifth straight session today. The stock is quoting at Rs 458.25, down 2.31% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 11509.5. The Sensex is at 38631.08, down 0.26%.Sun TV Network Ltd has eased around 12.81% in last one month.Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has eased around 6.78% in last one month and is currently quoting at 1984.35, down 0.27% on the day. The volume in the stock stood at 17.65 lakh shares today, compared to the daily average of 20.2 lakh shares in last one month.

 

The benchmark July futures contract for the stock is quoting at Rs 460, down 2.28% on the day. Sun TV Network Ltd tumbled 42.74% in last one year as compared to a 5.13% rally in NIFTY and a 34.04% fall in the Nifty Media index.

The PE of the stock is 13.26 based on TTM earnings ending March 19.

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First Published: Jul 10 2019 | 1:35 PM IST

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