Within hours of launch, the Sun NXT received a phenomenal response from the public and the platform has crossed more than 1.1 million downloads, 4 days from launch, the company reported.
One of the largest Television Broadcasters in India, Sun TV Network Limited, operates Satellite Television Channels across four languages of Tamil, Telugu, Kannada and Malayalam, airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League.
Sun TV Network Ltd is currently trading at Rs 838.3, up by Rs 13.6 or 1.65% from its previous closing of Rs 824.7 on the BSE.
The scrip opened at Rs 824 and has touched a high and low of Rs 843 and Rs 824 respectively. So far 789609(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 32500.16 crore.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 950 on 24-Apr-2017 and a 52 week low of Rs 334 on 24-Jun-2016. Last one week high and low of the scrip stood at Rs 836 and Rs 789.65 respectively.
The promoters holding in the company stood at 75 % while Institutions and Non-Institutions held 17.87 % and 7.13 % respectively.
The stock is currently trading below its 50 DMA.