Net profit of Sun TV Network rose 23.41% to Rs 351.32 crore in the quarter ended September 2018 as against Rs 284.67 crore during the previous quarter ended September 2017. Sales rose 10.90% to Rs 749.55 crore in the quarter ended September 2018 as against Rs 675.90 crore during the previous quarter ended September 2017.

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Sun TV Network Ltd is up for a third straight session in a row. The stock is quoting at Rs 656.35, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.09% on the day, quoting at 10241.95. The Sensex is at 34060.62, down 0.02%. Sun TV Network Ltd has risen around 0.41% in last one month.

Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has risen around 1.5% in last one month and is currently quoting at 2424.2, up 0.88% on the day. The volume in the stock stood at 9.08 lakh shares today, compared to the daily average of 14.86 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 656, up 0.78% on the day. Sun TV Network Ltd is down 23.37% in last one year as compared to a 0.9% drop in NIFTY and a 22.4% drop in the Nifty Media index.

The PE of the stock is 20.46 based on TTM earnings ending June 18.

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Sun TV Network will hold a meeting of the Board of Directors of the Company on 2 November 2018.

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Sun TV Network announced that the Annual General Meeting (AGM) of the company will be held on 7 September 2018.

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