LIVE MARKET TRACKER :   BSE SENSEX   27643.88      |    NSE NIFTY 8370.25    
GLOBAL MARKETS :  NASDAQ 5089.36   -0.03%    |    FSI London 7031.72   +0.26%    |    NIKKEI Japan 20413.77   +0.74%
  USD GBP EUR CAD AUD INR
USD - 0.6466 0.9104 1.2302 1.2777 63.5800
GBP 1.5469 - 1.4084 1.9032 1.9765 98.3583
EUR 1.0985 0.7104 - 1.3514 1.4035 69.8426
CAD 0.8129 0.5256 0.7401 - 1.0387 51.6864
AUD 0.7830 0.5063 0.7128 0.9633 - 49.7825
INR 0.0157 0.0102 0.0143 0.0194 0.0201 -
Indian-Commodity  :  Equity & Shares  :  Sun TV Network moves up on the BSE

Sun TV Network moves up on the BSE (30-Oct-2012)

Sun TV Network is currently trading at Rs. 316.00, up by 0.80 points or 0.25% from its previous closing of Rs. 315.20 on the BSE.

The scrip opened at Rs. 315.90 and has touched a high and low of Rs. 323.40 and Rs. 311.65 respectively. So far 92198 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 373.75 on 19-Oct-2012 and a 52 week low of Rs. 176.75 on 27-Jul-2012.

Last one week high and low of the scrip stood at Rs. 358.25 and Rs. 311.65 respectively. The current market cap of the company is Rs. 12652.09 crore.

The promoters holding in the company stood at 77.00% while Institutions and Non-Institutions held 16.29% and 6.71% respectively.

Chennai-based Sun TV Network has won the Hyderabad franchise of the Indian Premier League, which was earlier owned by Deccan Chronicle Holdings (DCHL), for Rs 85.05 crore per year. This Franchise fee is at premium of over a 100 per cent of the amount paid by DCHL for the Hyderabad Franchise in 2008.

Further, according to a press release of the Board of Control for Cricket in India (BCCI), Sun TV Network -- a Kalanidhi Maran-promoted media group -- outbids 11 cities to buy Hyderabad IPL franchise. Further, the company's bid was substantially higher than the second bid of PVP Ventures, which was Rs.69.03 crore.

BCCI had placed a base price of Rs 300 crore for the 10-year contract for the new IPL team to replace Deccan Chargers, which is almost 50% of what the BCCI charged during 2010 when Pune and Kochi came into existence.


Top News Today
Inflation under control but global economy, agrarian situation a challenge: Jaitley
(25-May-2015)

Inflation under control but global economy, agrarian situation a challenge: JaitleyFinance Minister Arun Jaitley has stated that inflation has been brought under control in the past one year but cautioned that global economic situation, state of agrarian sector and domestic investment......click on news to read complete article.

Government relaxes norms for investments by overseas Indian
(22-May-2015)

Government relaxes norms for investments by overseas IndianLibralising further the Foreign Direct Investment (FDI) policy, Union Cabinet, chaired by Prime Minister Narendra Modi, had approved amendments, including changes in definition of NRIs, to be incorporated......click on news to read complete article.

ONGC, Cairn India, NTPC and Wockhardt to see some action today
(22-May-2015)

ONGC, Cairn India, NTPC and Wockhardt to see some action todayState-run Oil and Natural Gas Corporation (ONGC) and its partner, Cairn India, are readying to spend between $750 million and $1 billion (Rs 4,800-6,400 crore) in the Nagayalanka onshore block in the Krishna-Godavari......click on news to read complete article.

International Stock News
US markets closed lower on Friday
(23-May-2015)

US markets closed lower on FridayUS markets ended in red terrain on Friday after hawkish remarks from Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity......click on news to read complete article.

US markets closed higher; S&P edges to fresh record
(22-May-2015)

US markets closed higher; S&P edges to fresh recordThe US markets closed higher on Thursday, sending the S&P 500 to a fresh record. Investors mostly brushed off a flurry of weaker-than-expected economic data a day after minutes from Federal Reserve's......click on news to read complete article.

US markets closed mostly lower after Fed minutes
(21-May-2015)

US markets closed mostly lower after Fed minutesThe US markets closed choppy session mostly lower on Wednesday, as modest post-Fed-minutes gains evaporated by the close of the trading day. Widely anticipated minutes from the Federal Reserve's most recent......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.