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TV18 Broadcast Ltd spurts 2.63%, rises for third straight session

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Capital Market

TV18 Broadcast Ltd is quoting at Rs 35.15, up 2.63% on the day as on 12:49 IST on the NSE. The stock is down 41.61% in last one year as compared to a 1.42% fall in NIFTY and a 32.52% fall in the Nifty Media index.

TV18 Broadcast Ltd rose for a third straight session today. The stock is quoting at Rs 35.15, up 2.63% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 10929.05. The Sensex is at 36451.93, up 0.02%. TV18 Broadcast Ltd has dropped around 3.03% in last one month.

 

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has dropped around 1.12% in last one month and is currently quoting at 2343.25, up 1.87% on the day. The volume in the stock stood at 54.79 lakh shares today, compared to the daily average of 41.89 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 35.1, up 2.33% on the day. TV18 Broadcast Ltd is down 41.61% in last one year as compared to a 1.42% fall in NIFTY and a 32.52% fall in the Nifty Media index.

The PE of the stock is 44.93 based on TTM earnings ending December 18.

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First Published: Jan 23 2019 | 1:05 PM IST

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