Hot Pursuit     26-Sep-17
TV Today slumps on profit taking
TV Today Network lost 9.76% to Rs 372.80 at 9:59 IST on BSE, with the stock retracting from record high on profit booking after recent stellar rally.

Meanwhile, the S&P BSE Sensex was down 5.15 points or 0.02% at 31,621.48.

On the BSE, 1.41 lakh shares were traded on the counter so far as against the average daily volumes of 1.23 lakh shares in the past two weeks. The stock had hit a high of Rs 433.60 so far during the day, which is a record high. The stock hit a low of Rs 371.80 so far during the day. The stock had hit a 52-week low of Rs 211 on 10 August 2017.

The small-cap company has equity capital of Rs 29.83 crore. Face value per share is Rs 5.

Shares of TV Today Network had rallied 56.5% in the preceding nine trading sessions to settle at Rs 413.10 yesterday, 25 September 2017, from its closing of Rs 263.95 on 12 September 2017.

In a recent development, Kotak Mahindra International bought 4.25 lakh shares of TV Today Network at Rs 392.21 per share in a bulk deal on the NSE yesterday, 25 September 2017.

TV Today Network's net profit fell 13.4% to Rs 19.39 crore on 10.3% growth in net sales to Rs 151.07 crore in Q1 June 2017 over Q1 June 2016.

TV Today Network is engaged in news broadcasting operations. The company is a part of India Today group and operates a network of TV news channels.

Previous News
  Patel Engineering Ltd leads gainers in 'A' group
 ( Hot Pursuit - 14-Dec-21   12:00 )
  TV Today Network to conduct board meeting
 ( Corporate News - 27-Mar-24   10:58 )
  Board of TV Today Network recommends Final Dividend
 ( Corporate News - 15-May-20   09:31 )
  T.V. Today Network receives upgrade in rating for LT bank facilities
 ( Corporate News - 02-Jan-20   18:18 )
  T.V. Today Network standalone net profit declines 13.36% in the June 2017 quarter
 ( Results - Announcements 11-Aug-17   17:30 )
  Board of TV Today Network recommends Final Dividend
 ( Corporate News - 17-May-23   13:59 )
  T.V. Today Network fixes record date for dividend
 ( Market Beat - Reports 03-Aug-21   15:55 )
  TV Today Network to announce Quarterly Result
 ( Corporate News - 30-Sep-22   12:38 )
  T.V. Today Network consolidated net profit declines 1.41% in the March 2022 quarter
 ( Results - Announcements 12-May-22   14:34 )
  Board of TV Today Network to consider Q3 results
 ( Corporate News - 12-Jan-17   11:34 )
  T.V. Today Network consolidated net profit declines 55.09% in the December 2022 quarter
 ( Results - Announcements 03-Feb-23   14:51 )
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