Chennai-based Sun TV Network gained more than one percent on 17 April after the foreign research house Credit Suisse initiated an outperform rating on the stock with a target price of Rs 473.
"Sun TV has been able to maintain its viewership share despite headwinds from increasing competition and disruption in distribution," Credit Suisse reasoned.
The share touched its 52-week high Rs 493.90 and 52-week low Rs 176.75 on 04 February, 2013 and 27 July, 2012, respectively.
Market capitalisation of the company currently stands at Rs 14,721.03 crore.
Source: http://cablequest.org/news/national-news/item/2192-sun-tv-network-rises-on-credit-suisse-outperform-report.htmlSource: http://cablequest.org/news/national-news/item/2192-sun-tv-network-rises-on-credit-suisse-outperform-report.html
Source: http://cablequest.org/news/national-news/item/2192-sun-tv-network-rises-on-credit-suisse-outperform-report.htmlSource: http://cablequest.org/news/national-news/item/2192-sun-tv-network-rises-on-credit-suisse-outperform-report.html
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