Sun TV Network Ltd. Stock Declines - Underperforms Sector by -3.1%
On August 20, 2024, Sun TV Network Ltd. experienced a -3.5% decline in its stock price, underperforming the sector by -3.1%. This marks the second consecutive day of losses for the company, with a total decline of -3.89%. Despite this, the stock's moving averages are still higher than the 100-day and 200-day averages. Sun TV Network's stock has also underperformed in comparison to the overall market, with a -3.61% performance on the day of the decline. MarketsMojo has given a 'Hold' call for the stock, which will continue to be closely monitored by investors as a largecap company in the TV broadcasting and software industry.
Sun TV Network Ltd., a leading TV broadcasting and software company, saw a decline in its stock price on August 20, 2024. The stock lost -3.5% on this day, underperforming the sector by -3.1%. This marks the second consecutive day of losses for the company, with a total decline of -3.89% in this period.
The stock's intraday low was Rs 788.6, a decrease of -3.41% from the previous day. However, despite these recent losses, Sun TV Network's moving averages are still higher than the 100-day and 200-day averages. It is worth noting that the stock is currently lower than the 5-day, 20-day, and 50-day moving averages.
In comparison to the overall market performance, Sun TV Network's stock has underperformed. On the day of the decline, the company's stock performance was -3.61%, while the Sensex saw a positive performance of 0.47%. Over the past month, Sun TV Network's stock has seen a slight increase of 0.58%, while the Sensex has only seen a 0.25% increase.
Based on these recent developments, MarketsMOJO has given a 'Hold' call for Sun TV Network's stock. As a largecap company in the TV broadcasting and software industry, Sun TV Network's performance will continue to be closely monitored by investors.
{{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}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
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
