Hot Pursuit     16-May-17
NDTV slides on profit taking
New Delhi Television dropped 3.34% to Rs 71 at 12:49 IST on BSE, with the stock sliding on profit taking after Monday's rally triggered by the company reporting strong quarterly numbers.

Meanwhile, the S&P BSE Sensex was up 135.68 points or 0.45% at 30,457.80. The BSE Small-Cap index was up 55.77 points or 0.36% at 15,706.14.

On the BSE, 46,000 shares were traded on the counter so far as against the average daily volumes of 23,127 shares in the past one quarter. The stock had hit a high of Rs 74.50 and a low of Rs 70.50 so far during the day.

The stock had hit a 52-week high of Rs 101.50 on 18 May 2016 and a 52-week low of Rs 60 on 4 May 2017. It had underperformed the market over the past one month till 15 May 2017, advancing 2.3% compared with the Sensex's 2.92% rise. The scrip had also underperformed the market over the past one quarter, gaining 0.07% as against the Sensex's 7.69% rise.

The small-cap company has equity capital of Rs 25.79 crore. Face value per share is Rs 4.

Shares of New Delhi Television (NDTV) had surged 8.17% in a single trading session to settle at Rs 73.45 yesterday, 15 May 2017, after the company reported strong Q4 March 2017 earnings after market hours on Friday, 12 May 2017.

The company reported consolidated net profit of Rs 5.28 crore in Q4 March 2017, as against net loss of Rs 0.77 crore in Q4 March 2016. Net sales declined 9.1% to Rs 154.35 crore in Q4 March 2017 over Q4 March 2016.

On consolidated basis, NDTV reported net loss of Rs 68.79 crore in the year ended March 2017 (FY 2017) as against net loss of Rs 54.82 crore in the year ended March 2016 (FY 2016). Net sales declined 7.6% to Rs 522.67 crore in FY 2017 over FY 2016.

NDTV is news and lifestyle television network in India.

Previous News
  New Delhi Television to conduct AGM
 ( Corporate News - 27-Apr-24   15:44 )
  New Delhi Television consolidated net profit declines 53.29% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   07:39 )
  New Delhi Television appoints director
 ( Corporate News - 25-Jan-23   10:05 )
  New Delhi Television consolidated net profit declines 50.79% in the September 2023 quarter
 ( Results - Announcements 23-Oct-23   15:39 )
  Board of New Delhi Television appoints director
 ( Corporate News - 27-Jun-23   19:16 )
  NDTV Board appoints directors
 ( Corporate News - 28-Mar-23   09:25 )
  New Delhi Television consolidated net profit rises 225.97% in the March 2021 quarter
 ( Results - Announcements 21-May-21   07:38 )
  NDTV board appoints directors
 ( Corporate News - 23-Dec-22   18:12 )
  New Delhi Television to hold board meeting
 ( Corporate News - 24-Apr-23   11:48 )
  New Delhi Television Ltd leads gainers in 'B' group
 ( Hot Pursuit - 12-May-20   12:15 )
  New Delhi Television reports consolidated net profit of Rs 17.59 crore in the September 2020 quarter
 ( Results - Announcements 14-Nov-20   13:52 )
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