Sun TV Network Ltd eases for fifth straight session

Capital Market 

Sun TV Network Ltd is quoting at Rs 426.3, down 0.79% on the day as on 13:24 IST on the NSE. The stock tumbled 40.82% in last one year as compared to a 5.62% slide in NIFTY and a 32.45% fall in the Nifty Media index.

Sun TV Network Ltd fell for a fifth straight session today. The stock is quoting at Rs 426.3, down 0.79% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 10831.95. The Sensex is at 36675.1, up 0.31%.Sun TV Network Ltd has eased around 5.42% in last one month.Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has increased around 2.38% in last one month and is currently quoting at 1865, down 0.78% on the day. The volume in the stock stood at 7.03 lakh shares today, compared to the daily average of 15.1 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 429.35, down 0.05% on the day. Sun TV Network Ltd tumbled 40.82% in last one year as compared to a 5.62% slide in NIFTY and a 32.45% fall in the Nifty Media index.

The PE of the stock is 12.37 based on TTM earnings ending June 19.

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First Published: Wed, September 04 2019. 13:36 IST