TV18 Broadcast Ltd slips for fifth straight session

TV18 Broadcast Ltd is quoting at Rs 24.85, down 0.6% on the day as on 13:24 IST on the NSE. The stock in last one year as compared to a 8.79% in NIFTY and a 26.25% lost in the Nifty Media index.

Feb 26, 2020 08:02 IST capital market

TV18 Broadcast Ltd dropped for a fifth straight session today. The stock is quoting at Rs 24.85, down 0.6% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 11756.25. The Sensex is at 40155.35, down 0.31%.TV18 Broadcast Ltd has lost around 5.51% in last one month.Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has eased around 4.26% in last one month and is currently quoting at 1817.25, down 0.82% on the day. The volume in the stock stood at 9.34 lakh shares today, compared to the daily average of 50.81 lakh shares in last one month.

The PE of the stock is 108.7 based on TTM earnings ending December 19.

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