TV Today Network Ltd.

170.1000 8.93 (5.54%)
NSE Mar 21, 2025 15:31 PM
Volume: 288.7K
High volume+gain today

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TV Today Network Ltd.
10 Aug 2020
170.10
5.54%
buy
by ICICI Securities Limited
Target: 240
ICICI Securities Limited
TV Today reported a weaker than estimated set of numbers in all segments for Q1FY21 led by sharp de-growth in the broadcasting segment. Operating revenue fell 31.9% YoY to | 167.7 crore with TV broadcasting revenue at | 137.8 crore (33.7% YoY de-growth) due to low ad volumes and high base effect (general elections in Q1FY20). Radio segment reported a sixth consecutive quarterly de-growth with revenues declining 70% YoY at | 20 lakh. Growth momentum of digital revenue came to a halt. It fell 4.6% YoY at | 27.6 crore. EBITDA was at | 30 crore, down 59.7% YoY as the topline...
 
TV Today Network Ltd. is trading above its 30 day SMA of 163.8
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