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Sun TV Network Ltd Jumps for Fifth Straight Session

Picture Source: Internet

Sun TV Network Ltd is quoting Rs 484.8, up 0.31%, in the morning trade. The stock is down 5.01% in the previous year compared to a 1.23% jump in Nifty and a 16.85% jump in Nifty IT.

Sun TV Network Ltd rose for a fifth straight session on Wednesday. The stock is quoted at Rs 484.8, up 0.31%. The benchmark Nifty is up around 0.58% daily, quoting 18,158.5. The Sensex is at 61,024.69, up 0.61%. Sun TV Network Ltd has slipped around 4.41% in the previous month.

Meanwhile, the Nifty IT index of Sun TV Network Ltd dropped around 7.92% in December 2022 and is currently quoting at 1,928.85, up 0.21% on the day. The volume in the stock stood at 1.5 lakh shares on Wednesday compared to the daily average of 6.32 lakh shares in the previous month.

The stock’s benchmark in the January futures contract is Rs 484.45, up 0.19% on the day. The company’s stocks went down 5.01% in 2022 compared to a 1.23% jump in Nifty and a 16.85% jump in the Nifty IT index.

At the end of September 2022, the PE of the stock is 10.85 based on TTM earnings.

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