TV18 Broadcast Ltd rose for a third straight session today. The stock is quoting at Rs 50.25, up 2.97% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 11389. The Sensex is at 37687.51, down 0.01%. TV18 Broadcast Ltd has added around 3.93% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has added around 3.28% in last one month and is currently quoting at 2879.3, up 0.98% on the day. The volume in the stock stood at 49.3 lakh shares today, compared to the daily average of 68.23 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 50.7, up 3.15% on the day. TV18 Broadcast Ltd is up 32.94% in last one year as compared to a 14.13% gain in NIFTY and a 4.59% gain in the Nifty Media index.

The PE of the stock is 92.17 based on TTM earnings ending June 18.