Hot Pursuit     17-Nov-21
TV Today gains after Abakkus Asset Manager buys stake
TV Today Network rose 1.96% to Rs 410.40 after Abakkus Asset Manager bought 1.34% stake in the company via bulk deal on Tuesday, 16 November 2021.
As per the bulk deal data on the BSE, Abakkus Asset Manager bought 8 lakh shares (1.34% equity) at Rs 345 per share on Tuesday, 16 November 2021.

Abakkus Asset Manager is an investment management company founded by Sunil Singhania, who was the CIO – Equity Investments at Reliance Mutual Funds.

On the same day, Steinberg India Emerging Opportunities Fund sold 8 lakh shares (1.34% equity) at Rs 345 per share.

As on 30 September 2021, Steinberg India Emerging Opportunities Fund held 4.78% stake in the company.

Shares of TV Today Network surged 16.90% to settle at Rs 402.50 on Tuesday.

On a consolidated basis, net profit of TV Today Network rose 69.36% to Rs 46.98 crore on 27.89% rise in net sales to Rs 225.99 crore in Q2 September 2021 over Q2 September 2020.

TV Today Network is an English-Hindi indian news television network based in India.

Previous News
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 ( Results - Announcements 01-Nov-23   16:04 )
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 ( Hot Pursuit - 03-Jun-20   13:00 )
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 ( Corporate News - 29-Mar-22   12:58 )
  TV Today Network revises board meeting date
 ( Corporate News - 20-Jan-21   11:14 )
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 ( Corporate News - 16-Aug-23   16:25 )
  TV Today Network announces board meeting date
 ( Corporate News - 01-Jan-20   10:01 )
  Board of TV Today Network recommends Interim Dividend
 ( Corporate News - 23-Oct-19   10:13 )
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