TV18 Broadcast Ltd dropped for a fifth straight session today. The stock is quoting at Rs 32.9, down 1.64% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 11622.25. The Sensex is at 38711.22, up 0.17%.TV18 Broadcast Ltd has eased around 4.64% in last one month.Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has increased around 1.73% in last one month and is currently quoting at 2358.6, up 1.07% on the day. The volume in the stock stood at 49.56 lakh shares today, compared to the daily average of 67.64 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 32.8, down 1.8% on the day. TV18 Broadcast Ltd tumbled 48.75% in last one year as compared to a 9.5% rally in NIFTY and a 28.72% fall in the Nifty Media index.

The PE of the stock is 67 based on TTM earnings ending March 19.