Sun TV Network Surges Over 10%

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Indian media firm, Sun Tv Network was once buzzing on the bourses because the stock won over
10% at Rs 767.00 per share on BSE



Indian media firm, Sun TV Network was once buzzing on the bourses as the stock received over 10% at Rs 767.00 per share on BSE at 1051 hours on stories of Arasu to start out DAS services and products in Tamil Nadu from Friday.

The stock on NSE attracted a traded extent of 34,77,780 shares and a traded price of Rs 26,458.95 lakh. the company has been maintaining a dividend payout ratio of 61.54% and delivered a boom of 4.56% over prior 5 years.

The Stock has witnessed long build up position in today’s trade. The stock on yearly basis has given 64.16% returns and has outperformed BSE Sensex and Nifty Media index.
Meanwhile, Nifty Media index was once gaining in trade up 2.12% at 3029 level majorly contributed by Sun TV Network.


 On the losing aspect, Jagran Prakashan used to be down 0.59% at Rs 177.45 per share.

Sun TV Network is engaged in providing broadcasting products and services. The Company operates through Media and Entertainment segment. Its geographical segments include India and Others. It is engaged in producing and broadcasting satellite TV and radio software programming in the regional languages of South India.

Wealth It Global provides you Trading tip calls about the Indian stock markets with intense analysis done by our Team of Analysts. We have been providing valuable Tips to our clients through various methods. We have helped lot of retail and HNI client through our tips services to fulfill their financial goals by making their money work for them a better way. We try to follow the trend and ride it using technical analysis rather than predicting customer's needs.

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