Advertisement


Advertisement

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Help Sun TV shares dip as Maran faces CBI probe
Advertisement
#1
Shares of Maran family-controlled Sun TV dropped 7% on Thursday, a day after the Central Bureau of Investigation told the Supreme Court that it would take a decision on bringing formal charges against chairman Kalanithi Maran's younger brother, Dayanidhi. The cable television distribution war, which already has been taking a toll on Sun TV's channel share, saw the listed firm's stock price touch an intra-day low of Rs 237.8, before finally closing at Rs 244.4.

Sun TV shares fell about 14.5% in the last month. Its shares have dipped around 22-25% over the last 12-weeks.

Source: Hindustan Times

Reply
Thanks given by:
Advertisement
Advertisement




Possibly Related Threads...
Thread Author Replies Views Last Post
  General News: Kapil Sibal’s Tiranga TV faces closure in less than six months of launch nairrk 0 430 07-16-2019, 10:13 AM
Last Post: nairrk
  Breaking News: Sun TV Shares Sink On DMK's Defeat In Tamil Nadu Polls charger 0 488 05-19-2016, 10:44 PM
Last Post: charger
  Breaking News: RAM week 11: Top performers drop shares; retain the positions adithya 0 603 03-28-2016, 12:02 AM
Last Post: adithya
  Help: Kalanithi Maran is richest Indian mediaperson Sathish 0 1,035 03-11-2011, 10:50 AM
Last Post: Sathish
  DTH News: Rajinikanth adds 30% to Kalanithi Maran's Sun TV Network revenue Sathish 0 1,222 01-31-2011, 09:43 PM
Last Post: Sathish
  Help: Salman Khan Faces Legal Charges For Hosting Bigg Boss 4 Mr.Bhat 0 951 11-25-2010, 10:20 AM
Last Post: Mr.Bhat
  Help: Kalanithi Maran: Motivation & business strategies Mr.Bhat 0 675 10-27-2010, 10:52 PM
Last Post: Mr.Bhat
  Sun TV's Kalanithi Maran in talks to acquire GoAir: report Mr.Bhat 0 1,000 10-06-2010, 03:24 PM
Last Post: Mr.Bhat
  Reliance Broadcast TV venture faces uphill task Sathish 0 695 06-23-2010, 02:30 PM
Last Post: Sathish
  Court orders probe into copyright breach from 'Rahul ka Swayamvar' Mr.Bhat 0 1,028 11-28-2009, 07:30 PM
Last Post: Mr.Bhat

Forum Jump:


Users browsing this thread: 1 Guest(s)
Advertisement