Chennai-based Raj Television Network hit upper circuit spurred by robust fourth quarter numbers. The stock gained 19.94% or Rs 10.20 to end at Rs 61.35 on the BSE.
It touched an intraday high of Rs 61.35 and an intraday low of Rs 49.60. There were pending buy orders of 72,617 shares, with no sellers available. The total traded volumes were of 796,231 shares.
The company reported a net profit of Rs 1.4 crore for quarter ended March 31, 2010 compared to a loss of Rs 4.8 crore for same period last year. However, the net sales slumped to Rs 13.9 crore versus Rs 14.2 crore, year-on-year.
Meanwhile, the company touched its 52-week high Rs 86.55 and 52-week low Rs 42.00 on Sep 13, 2010 and Feb 10, 2011, respectively.
Currently, it is trading -29.12% below its 52-week high and 46.07% above its 52-week low. Its market capitalisation stands at Rs 79.62 crore. Peer comparison:
| Company | Last Price (Rs) | Market Cap (Rs in Cr) | Sales Turnover (Rs in Cr) | PAT (Rs in Cr) |
| Sun TV Network | 432.7 | 17052.04 | 1008.2 | 437.11 |
| Zee Entertain | 127.25 | 12446.02 | 1278.74 | 558.84 |
| Dish TV India | 67.95 | 7229.43 | 1084.79 | -262.13 |
| DB Corp | 248.55 | 4555.5 | - | - |
| HT Media | 153.8 | 3614.62 | 1282.95 | 124.77 |
| JagranPrakashan | 119.1 | 3586.94 | 941.89 | 175.9 |
| UTV Software | 643.55 | 2615.05 | 327.98 | 58.85 |
| IBN18 Broadcast | 101.45 | 2411.21 | 210.08 | -82.1 |
| DeccanChronicle | 80.95 | 1970.91 | 892.5 | 260.92 |
| Hathway Cable | 106.25 | 1517.86 | - | - |
| Raj Television | 61.35 | 79.62 | 46.31 | -17.55 |
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!
