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TV Today Network zooms as HDFC Mutual Fund hikes stake in company by 2.14%

TV Today Network is currently trading at Rs. 272.00, up by 12.90 points or 5.00% from its previous closing of Rs. 258.10 on the BSE.

The scrip opened at Rs. 259.70 and has touched a high and low of Rs. 285.75 and Rs. 259.65 respectively. So far 5878 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 471.00 on 04-Jul-2018 and a 52 week low of Rs. 237.20 on 21-Jun-2019.

Last one week high and low of the scrip stood at Rs. 285.75 and Rs. 237.20 respectively. The current market cap of the company is Rs. 1628.75 crore.

The promoters holding in the company stood at 57.52%, while Institutions and Non-Institutions held 27.02% and 15.45% respectively.

HDFC Mutual Fund has hiked its holding in TV Today Network by 2.14 per cent stake through the open market transaction. Post-transaction, HDFC Mutual Fund’s stake in the company now stands at 7.14 per cent.

TV Today Network (TVTN) operates news channels and is promoted by Living Media India (LMIL). The company has a tie-up with TheOneAlliance to distribute their channels. TVTN has also launched their channels in US, UK and Continental Europe.The channels operated by the company includes: Aaj Tak- Aaj Tak is a 24 hour Hindi news channel providing news of all around world.

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