Sun TV Network Ltd Share Price – NSE /  BSE

Entertainment, Small Cap

Sun TV Network Ltd is up for a third straight session today. The stock is quoting at Rs 835, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25372.35. The Sensex is at 82952.82, up 0.07%. Sun TV Network Ltd has gained around 2.55% in last one month.

Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has gained around 2.64% in last one month and is currently quoting at 2118.45, up 0.81% on the day. The volume in the stock stood at 5.53 lakh shares today, compared to the daily average of 8.02 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 829.2, up 1% on the day. Sun TV Network Ltd is up 40.67% in last one year as compared to a 26.02% jump in NIFTY and a 7.03% jump in the Nifty Media index.

The PE of the stock is 17.67 based on TTM earnings ending June 24.

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Sun TV Network announced that the Annual General Meeting (AGM) of the company will be held on 20 September 2024.

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Sun TV Network Ltd is up for a third straight session today. The stock is quoting at Rs 826.55, up 1.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 25094.85. The Sensex is at 81939.19, up 0.28%. Sun TV Network Ltd has slipped around 4.63% in last one month.

Meanwhile, Nifty Media index of which Sun TV Network Ltd is a constituent, has slipped around 1.15% in last one month and is currently quoting at 2148.85, down 0.54% on the day. The volume in the stock stood at 6.13 lakh shares today, compared to the daily average of 13.55 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 827.8, up 1.52% on the day. Sun TV Network Ltd is up 36.8% in last one year as compared to a 29.74% jump in NIFTY and a 6.71% jump in the Nifty Media index.

The PE of the stock is 17.42 based on TTM earnings ending June 24.

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Revenue from operations shed 3.16% to Rs 1,276.11 crore during the quarter under review.

Total income stood at Rs 1,416.35 crore in June 2024 quarter, registering de-growth of 1.19% year on year (YoY).

Profit before tax was at Rs 736.33 crore in first quarter of FY25, declining 9.62% from Rs 814.68 crore posted in similar quarter previous fiscal.

EBITDA de-grew 10.18% YoY to Rs 706.36 crore in the quarter ended 30 June 2024.

The domestic subscription declined 2.19% for the quarter was to Rs 425.79 crore as against Rs 435.34 crore for the corresponding quarter ended 30 June 2023.

Meanwhile, the firm’s board has declared an interim dividend of Rs 5 per equity share for FY25.

Sun TV Network is engaged in producing and broadcasting satellite television and radio software programming in the regional languages.

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