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.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
