Network 18 Media Faces Significant Stock Volatility Amid Industry Challenges

Jan 24 2025 03:35 PM IST
share
Share Via
Network 18 Media & Investments has faced notable stock volatility, trading near its 52-week low and experiencing consecutive losses over the past four days. The company has underperformed its sector and recorded a significant decline over the past year, reflecting broader challenges in the TV Broadcasting & Software industry.
Network 18 Media & Investments, a midcap player in the TV Broadcasting & Software industry, has experienced significant volatility in its stock performance. Today, the stock is trading close to its 52-week low, just 0.48% away from Rs 52.2, which it reached on January 24, 2025. The stock has underperformed its sector by 0.75%, reflecting broader challenges within the industry, which has seen a decline of 2.06%.

Over the past four days, Network 18 Media has faced consecutive losses, accumulating a decline of 8.19%. The stock hit an intraday low of Rs 52.39, marking a decrease of 2.91% for the day. Additionally, it is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

In terms of longer-term performance, Network 18 Media & Investments has seen a substantial drop of 56.53% over the past year, contrasting sharply with the Sensex, which has gained 7.22% during the same period. This performance highlights the challenges faced by the company in a competitive market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News