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    HomeNewsBusinessCompaniesSun TV up on hopes of high demand for share sale offer

    Sun TV up on hopes of high demand for share sale offer

    Maran is selling 7.9 million shares, with bids of about 6.7 million shares as of 2.27 pm, as per National Stock Exchange data.

    May 29, 2013 / 16:23 IST
       
       
      26 Aug, 2025 12:21
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      Shares in Sun TV Network Ltd gain 5.1 percent on hopes of a better-than-expected response after the television broadcaster set a floor price of 403 rupees per share in the sale of a partial stake from promoter Kalanithi Maran.


      Also read: Sell Sun TV on rally: Sudarshan Sukhani


      Maran is selling 7.9 million shares, with bids of about 6.7 million shares as of 2.27 pm, as per National Stock Exchange data.

      Investors have found the floor price of the issue attractive, dealers said.

      first published: May 29, 2013 04:18 pm

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