Home / Business and Economy / Sun TV Stock Climbs: A Steady Rise Amidst Market Flux
Sun TV Stock Climbs: A Steady Rise Amidst Market Flux
24 Dec
Summary
- Sun TV Network stock is trading up 1.72% at Rs 576 on the NSE.
- The stock has experienced a 16.09% decline over the past year.
- Sun TV stock has shown a gain of approximately 6.1% in the last month.
Sun TV Network's stock is currently trading at Rs 576, reflecting a 1.72% rise on the NSE as of 12:49 IST. This marks the third consecutive session of gains for the company's shares. While the stock has experienced a significant 16.09% decline over the preceding year, it has demonstrated recent positive momentum with a gain of approximately 6.1% in the last month.
This upward trend in Sun TV's stock occurs while the benchmark NIFTY is showing a slight increase of 0.06% and the Sensex is up 0.01% for the day. The Nifty Media index, a constituent of which Sun TV is a part, has also seen a modest gain of around 0.1% over the last month. Trading volumes for Sun TV stood at 1.71 lakh shares today, slightly below its monthly average of 1.93 lakh shares.
The company's Price-to-Earnings (PE) ratio, based on trailing twelve months (TTM) earnings ending September 25, is 13.58. This financial metric provides a snapshot of the stock's valuation relative to its earnings. The recent performance indicates a period of recovery for Sun TV Network's stock following a challenging year.
