Sun TV Network's Stock Sees Decline in Price and Performance on October 7th

Sun TV Network ., a leading TV broadcasting and software company in the largecap industry, has seen a decline in its stock price on October 7th, 2024. The stock has lost -3.39% on this day, according to MarketsMOJO's latest report. The stock has been given a 'Hold' call by MarketsMOJO, indicating a neutral stance on its performance. In terms of price summary, Sun TV Network's performance today is in line with the sector, but it has been on a consecutive fall for the last 3 days with a -6.9% decline in returns during this period. The stock also touched an intraday low of Rs 789.95, showing a -3.21% decrease. While the stock's moving averages are higher than the 100-day and 200-day averages, they are lower than the 5-day, 20-day, and 50-day averages. In the sector, TV broadcasting and software have also seen a decline of -3.38%. In comparison to the Sensex performance, Sun TV Network's 1-day performance is -3.27% while the Sensex has only seen a -0.98% decline. Similarly, in the past month, Sun TV Network's performance has been -1.69% compared to the Sensex's -0.36% decline. Overall, Sun TV Network's stock has seen a decline in its price and performance, but it remains to be seen how it will fare in the future. Investors are advised to hold their positions and monitor the stock's performance closely.