TV18 Broadcast Ltd extends losses

Capital Market 

Broadcast Ltd is quoting at Rs 32.9, down 1.64% on the day as on 13:24 IST on the NSE. The stock tumbled 48.75% in last one year as compared to a 9.5% rally in and a 28.72% fall in the Media index.

Broadcast Ltd dropped for a fifth straight session today. The stock is quoting at Rs 32.9, down 1.64% on the day as on 13:24 IST on the NSE. The benchmark is up around 0.24% on the day, quoting at 11622.25. The Sensex is at 38711.22, up 0.17%.Broadcast Ltd has eased around 4.64% in last one month.Meanwhile, of which is a constituent, has increased around 1.73% in last one month and is currently quoting at 2358.6, up 1.07% on the day. The volume in the stock stood at 49.56 lakh shares today, compared to the daily average of 67.64 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 32.8, down 1.8% on the day. tumbled 48.75% in last one year as compared to a 9.5% rally in NIFTY and a 28.72% fall in the

The PE of the stock is 67 based on earnings ending March 19.

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First Published: Tue, April 23 2019. 13:35 IST