MoneyWorks4Me

Sun TV Network jumps on reporting marginal rise in Q1 net profit

02 Aug 2013 Evaluate

Sun TV Network is currently trading at Rs. 421.90, up by 14.00 points or 3.43% from its previous closing of Rs. 407.90 on the BSE.

The scrip opened at Rs. 410.00 and has touched a high and low of Rs. 423.95 and Rs. 395.15 respectively. So far 313633 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 493.90 on 04-Feb-2013 and a 52 week low of Rs. 265.10 on 03-Aug-2012.

Last one week high and low of the scrip stood at Rs. 424.90 and Rs. 365.00 respectively. The current market cap of the company is Rs. 16429.39 crore.

The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 17.15% and 7.85% respectively.

Sun TV Network has reported results for first quarter ended June 30, 2013.

On standalone basis, the company has reported a marginal rise of 0.08% in its net profit at Rs 164.44 crore for the quarter ended June 30, 2013 as compared to Rs 164.31 crore for the same quarter in the previous year.  The total income of the company has increased by 40.15% at Rs 615.24 crore for quarter under review as compared to Rs 438.98 crore for the quarter ended June 30, 2012.

Sun TV is second largest television network in India. It is world's no 1 Tamil channel that features movies, news, serials and shows -- 24 hours a day.

 

Peers