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TV18 Broadcast Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 33.55, down 1.47% on the day as on 13:19 IST on the NSE. TV18 Broadcast Ltd tumbled 40.88% in last one year as compared to a 2.05% rally in NIFTY and a 25.86% fall in the Nifty Media index.

TV18 Broadcast Ltd fell for a fifth straight session today. The stock is quoting at 33.55, down 1.47% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.5% on the day, quoting at 10533.35. The Sensex is at 35148.11, down 1.47%.TV18 Broadcast Ltd has eased around 10.29% in last one month.Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has increased around 1.37% in last one month and is currently quoting at 2497.55, down 1.2% on the day. The volume in the stock stood at 9.53 lakh shares today, compared to the daily average of 24.29 lakh shares in last one month.

 

The benchmark December futures contract for the stock is quoting at Rs 33.55, down 2.19% on the day. TV18 Broadcast Ltd tumbled 40.88% in last one year as compared to a 2.05% rally in NIFTY and a 25.86% fall in the Nifty Media index.

The PE of the stock is 69.69 based on TTM earnings ending September 18.

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First Published: Dec 10 2018 | 1:35 PM IST

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