Sun TV Network Ltd. is one of the largest media conglomerate in India. It consists of 33 television channels in 6 different languages, 69 FM radio stations, 3 daily newspapers, 6 magazines and an IPL franchise. It is also one of the largest DTH (Direct To Home Satellite TV service) service provider in India having more than 16+ million subscribers.
Sun TV Network Ltd CMP is 459.85. Negative aspects of the company is MFs are decreasing stake. Positive aspects of the company are improving annual net profits, improving cash from operations annual, no debt, zero promoter pledge & FIIs are increasing stake.
Entry after closing above 465. Targets in the stock will be 478 & 500. Long term target in the stock will be 520 & 544. Stop loss in the stock should be maintained at closing below 439.
Sun TV Network Ltd CMP is 459.85. Negative aspects of the company is MFs are decreasing stake. Positive aspects of the company are improving annual net profits, improving cash from operations annual, no debt, zero promoter pledge & FIIs are increasing stake.
Entry after closing above 465. Targets in the stock will be 478 & 500. Long term target in the stock will be 520 & 544. Stop loss in the stock should be maintained at closing below 439.
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