Sun TV Network Ltd Share Price (SUNTV)
₹619.7▲0.45%
Sun TV Network Ltd share Performance
- ₹611₹623.1₹619.7
1.40%
Low
Day's Volatility:1.95%
High
0.55%
- ₹416.05₹734.9₹619.7
32.86%
Low
52 Weeks Volatility:51.45%
High
18.59%
| Returns % | |
| 1 Month Return | 5.38 % |
| 3 Month Return | -4.2 % |
| 1 Year Return | 46.76 % |
| Market Stats | |
| Previous Close | ₹616.90 |
| Open | ₹617.00 |
| Volume | 3.38L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹24,311.08Cr |
Analyst Rating for Sun TV Network Ltd stock
based on 14 analysts
Based on 14 analysts offering long term price targets for Sun TV Network Ltd. An average target of ₹682
Source: S&P Global Market Intelligence
Company Information
Sun TV Network Ltd's top products include television channels, radio stations, DTH services, digital media, movies and newspapers. The company's popular brands include Sun TV, KTV, Sun Music, Sun News, Adithya TV, Chutti TV, Sun Direct, Suryan FM, Red FM, Dinakaran, Maalai Malar and Dina Thanthi. Sun TV Network Ltd's channels are available in multiple languages such as Tamil, Telugu, Kannada and Malayalam.
Sun TV Network Ltd is also the largest cable network provider in India. It has over 10 million cable subscribers and reaches over 95 million households in India. The company is also the leader in the Tamil television broadcasting industry with over 20 channels.
Share Price: ₹619.70 per share as on 24 Apr, 2024 04:01 PM
Market Capitalisation: ₹24,311.08Cr as of today
Revenue: ₹923.15Cr as on December 2023 (Q4 23)
Net Profit: ₹454.09Cr as on December 2023 (Q4 23)
Listing date: 24 Apr, 2006
Chairperson Name: Kalanithi Maran
| Organisation | Sun TV Network Ltd |
| Headquarters | |
| Industry | Entertainment |
| E-voting on shares | Click here to vote |
Key events for Sun TV Network Ltd
Sun TV Launches New Channel, Recommended Buy by Analyst - 15 Apr, 2024
Sun TV Network is set to launch its new Hindi general entertainment channel SUN NEO worldwide. Meanwhile, Prabhudas Lilladher's Vaishali Parekh has recommended buying Sun TV stock with a target price of ₹707.
Prabhudas Lilladher Sets Target Price for Sun TV Network Ltd. - 12 Apr, 2024
Prabhudas Lilladher has set a buy call on Sun TV Network with a target price of Rs 707. For the quarter ended 31-12-2023, the company reported a consolidated total income of Rs 1058.66 crore and net profit after tax of Rs 449.90 crore. Promoters hold 75% stake in the company as of 31-Mar-2024.
Media Sector Weakness to Persist in Q4 FY24 - 10 Apr, 2024
The weakness in the media sector is expected to continue in Q4 FY24 due to seasonally soft advertising and weak content pipeline. However, downside risk for Sun TV Network Ltd. is limited, and it is recommended to retain Hold rating.
Sun TV Network Declares Interim Dividend of Rs. 3 per Share - 06 Apr, 2024
Sun TV Network has declared an interim dividend of Rs. 3 per share with a face value of Rs. 5, fixing the ex-dividend date as April 8, 2024. The company's shares rose by 0.61% on BSE and closed at Rs. 622.80, with a market capitalization of Rs. 24,520 crore and a dividend yield of 2.7%.
Mixed Sentiments for Sun TV Network Stock - 03 Apr, 2024
Sun TV Network stock has seen a decline of 18% from its January highs due to weak Q4 performance and lower ad revenues. However, brokerages remain positive on the stock given attractive valuations and expect a re-rating if there is value unlocking for its IPL franchise. The stock gained for the fifth straight session today, up 0.93% on the day.
Sun TV Network Acquires Sunrisers Hyderabad IPL Team - 24 Mar, 2024
In 2012, Sun TV Network acquired the Sunrisers Hyderabad IPL team for Rs. 85.05 crores per year for a five-year deal. With a market capitalization of Rs. 23,288 crores, Sun TV Network operates 33 TV channels in regional languages across South India.
Elara Capital Analyst Predicts Positive Impact of IPL on Sun TV Network - 22 Mar, 2024
According to Karan Taurani of Elara Capital, the Indian Premier League (IPL) is expected to have a positive impact on companies like Sun TV Network Ltd in terms of profit after tax (PAT), due to higher earnings before interest, taxes, depreciation, and amortisation (EBITDA).
Owner of SunRisers Hyderabad, Kalanithi Maran, Ranked at No. 82 on Forbes List of Indian Billionaires - 20 Mar, 2024
Kalanithi Maran, the owner of SunRisers Hyderabad and conglomerate Sun Group, has a net worth of $2.85 billion. He owns an extensive media empire that includes television channels, newspapers, weeklies, FM radio stations, DTH services, and a movie production house. His daughter, Kavya Maran, co-owns SunRisers Hyderabad and is actively engaged in the business operations of Sun TV Network.
Fundamentals of Sun TV Network Ltd
Insights on Sun TV Network Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 9.41% to 9.62% in Mar 2024 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Mar 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Network 18 Media & Investments Ltd has given 62.3% return, outperforming this stock by 15.5%
- NO EFFECT
Against Peers
In the last 3 years, Network 18 Media & Investments Ltd has given 123.5% return, outperforming this stock by 91.3%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 9.01% to 8.87% in Mar 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 1.47K Cr → 1.06K Cr (in ₹), with an average decrease of 14.8% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 5.52% to 5.44% in Mar 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 591.93 Cr → 453.86 Cr (in ₹), with an average decrease of 11.9% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 6 months, SUNTV stock has moved down by -2.8%
Sun TV Network Ltd Valuation
Sun TV Network Ltd in the last 5 years
Lowest (7.45x)
March 30, 2020
Today (12.85x)
April 23, 2024
Industry (50.10x)
April 23, 2024
Highest (17.64x)
April 2, 2019
Mutual Fund Holdings
| Funds | Holdings |
 Kotak Equity Opportunities Direct Growth | 0.73% |
| Kotak Multicap Fund Direct Growth | 1.43% |
 Quant ELSS Tax Saver Growth Option Direct Plan | 1.48% |
 Tata Equity P/E Fund Direct Plan Growth | 1.6% |
| Kotak Emerging Equity Scheme Direct Growth | 0.24% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 75% | 0.00 | |
| Foreign Institutions | 8.87% | 0.00 | |
| Mutual Funds | 5.44% | 0.00 | |
| Retail Investors | 9.62% | 0.00 | |
| Others | 1.06% | 0.00 |
Technicals of Sun TV Network Ltd share
News & Events of Sun TV Network Ltd
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Sun TV Network Ltd (SUNTV) share price today is ₹619.7
Sun TV Network Ltd is listed on NSE
Sun TV Network Ltd is listed on BSE
- Today’s highest price of Sun TV Network Ltd is ₹623.1.
- Today’s lowest price of Sun TV Network Ltd is ₹611.
PE Ratio of Sun TV Network Ltd is 12.85
PE ratio = Sun TV Network Ltd Market price per share / Sun TV Network Ltd Earnings per share
Today’s traded volume of Sun TV Network Ltd(SUNTV) is 3.38L.
Today’s market capitalisation of Sun TV Network Ltd(SUNTV) is ₹24311.08Cr.
| Sun TV Network Ltd(SUNTV | Price |
|---|---|
52 Week High | ₹734.9 |
52 Week Low | ₹416.05 |
Sun TV Network Ltd(SUNTV) share price is ₹619.7. It is down -15.68% from its 52 Week High price of ₹734.9
Sun TV Network Ltd(SUNTV) share price is ₹619.7. It is up 48.95% from its 52 Week Low price of ₹416.05
| Sun TV Network Ltd(SUNTV | Returns |
|---|---|
1 Day Returns | 2.8% |
1 Month Returns | 5.38% |
3 Month Returns | -4.2% |
1 Year Returns | 46.76% |