IGI Logo
Toggle Navigation
News
Hindi
Hindi News
Top News
Screeners
Stocks
Stocks Screener
Stock
News
Stock Market Home Page
Stock News
Industry News
Economy News
Stock on the move
Expert Views
Research Reports
Company Result
Comp Info And Fundamentals
Company Profile
Equity
Financial Ratios
Results
Balance Sheet
Profit And Loss
Cash Flow
Share Holding
Derivatives (F&O)
Get Quotes
Market Watch
Top Gainers
Top Losers
Top Traded Quantity
Top Traded Value
Most Active Puts
Derivatives (F&O)
Most Active Calls
Put Call Ratio
Highest In Premium
Daily Settlement Price
FII and DII Statistics
Open Interest: Highest In OI
Open Interest: Lowest In OI
Derivatives (F&O)
Open Interest: Increase in OI Increase in Price
Open Interest: Decline in OI Decrease in Price
Derivative Watch
Derivatives Dashboard
Historical Data
List of Underlyings & Underlying Info
Derivative Watch
Derivatives Dashboard
Market Reports
Top Gainers
Top Losers
Monthly High/Low
52 Week High
52 Week Low
Market Cap Gainers
Market Cap Losers
PE Ratio
>More Market Reports
IPO
News
IPO News
IPO Issue Reports
Commodity
Commodity Market
Commodity Home Page
Commodity News
Commodity Reports
Market Details
Get Quotes
Top Gainers
Top Losers
Top Volume
Top Value
Top Gainers Spot Market
Top Losers Spot Market
High & Low
Commodity Indices
Technical Analysis
Advance Declines
High & Low
Highest In OI
Lowest OI
Increase In Open Interest(%)
Descrease In Open Interest(%)
Currency
News
Currency News
Economy News
Currency Reports
Mutual Fund
News
Mutual Fund Home Page
Mutual Fund News
Mutual Fund Details
Mutual Fund Home Page
Compare Scheme
Scheme Profile
Mutual fund Investment
Mutual Fund Share Holding
Mutual Fund Statistics
Mutual fund Gainers
Mutual fund Losers
Biggest Schemes
Best Performers
Latest Dividend Details
Tools
Multi Scheme Comparison Tool
Dividend Details
Performance Map
Mutual fund Investment
Mutual fund Share Holding
Mutual Fund Search Category Rankings
Widgets
Stock Widgets
Watchlist
Heatmap
Mutual Fund Widgets
Watchlist
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
Wealth
World
Tips
Intraday Tips
Market Outlook
Stock Tips
Commodity Tips
Currency Tips
Reports
Short Term Investment Opportunities
Long Term Investment Opportunities
Sector Analysis
Commodity Reports
Currency Reports
Mutual Fund Analysis
Podcast
Videos
Videos Category
Business Videos
Budget Videos
News And Politics
Entertainment Videos
Sports Videos
Lifestyle And Fashion Videos
Global News Videos
Calculators
EMI Calculator
SIP Calculator
SWP Calculator
GST Calculator
FD Calculator
RD Calculator
More
Budget 2024
Astrology
Women
Politics
Entertainment
Car&Bike
Gadgets
Lifestyle
Sports
Health
Fashion
Diwali Reports
Diwali Expert Reports
News
Astrology
Beyond Market Car
Beyond Market Entertainment
Beyond Market Fashion
Beyond Market Gadgets
Beyond Market Health
Beyond Market India
Beyond Market Life Style
Beyond Market Sports
Broking Firm Views
Broking Firm Views - Long Term Report
Broking Firm Views - Sector Report
Broking Firm Views - Short Term Report
Budget 2024 Sector Reports
Budget Bites
Budget Economic Servey
Budget Expert Views
Budget Industry
Budget News
Budget Wishlist
Commodities
Commodities Reports
Commodity Top News
Company News
Company Result
Currency News
Currency Report
Currency Top News
Diwali Expert Views
Diwali Market Outlook
Diwali Report
Diwali Technical Report
Economy News
Expert View Institution
Expert Views
Industry News
IPO Analysis
IPO More News
IPO Reports
IPO Top News
Market Outlook
Mutual Fund Analysis
Mutual Fund Expert Views
Mutual Fund More News
Mutual Fund Top News
Podcast - Market Ki Awaaz
Special Event Expert Views
Special Event Reports
Startup
Startup Expections
Startup Speak
Stock Market
Stock On The Move
Top News
Top Stories
Videos
Videos Business
Videos Entertainment
Videos Global News
Videos Lifestyle And Fashion
Videos News And Politics
Videos Sports
Wealth
Women
World Market More News
World Top News
Search
Higher opex drags profitability * SUNTV reported an EBITDA growth of 3% YoY to INR7.9b (15% beat), driven by a revenue increase of 10.4% YoY. However, the rise in production and operating expenses has somewhat mitigated this positive momentum. The revenue growth was mainly driven by income from IPL and domestic subscription revenue growth as advertisement revenues remained flattish YoY. * Continued weakness around ad revenue growth, coupled with the looming risk of market share erosion ...
Buy Sun TV Network Ltd For Target Rs.630 - Motilal Oswal Financial Services Ltd
Below the Sun TV press release on Q1FY24 results Sun TV Network Limited, one of the largest Television Broadcasters in India, operates Satellite Television Channels across six languages of Tamil, Telugu, Kannada, Malayalam, Bangla and Marathi, airs FM radio stations across India and owns the SunRisers Hyderabad Cricket Franchise of the Indian Premier League, SunRisers Eastern Cape of Cricket South Africa’s T20 League and the Digital OTT Platform Sun NXT. FOR TH...
Earnings Release for the quarter ended 30th June, 2023
Highlights on a standalone basis: Revenues for the year ended 31st March ‘23, up ~4.46 % at Rs.3,661.37 crs; Advertisement Revenues for the year ended 31st March ’23 up ~7.95 % at Rs.1,403.96 crs; EBITDA for the year ended 31st March ’23 up ~3.78 % at Rs.2,349.28 crs. Profit after Tax for the year ended 31st March’23, up ~1.81 % at Rs.1,674.53 crs; Revenues for the quarter ended 31st March ’23 at Rs. 813.53 crs. Advertisement Revenues for the quar...
Earnings Release for the quarter and Financial year ended 31st March, 2023
Indian Oil Corporation Ltd Buy Indian Oil Corporation Ltd @ 82.70-83.20 CMP 83.15 Stop Loss 81.90 Target 84.70 Sun TV Network Ltd. Buy Sun TV Network Ltd @ 474-476 CMP 83.15 Stop Loss 81.90 Target 467.30 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 Above views are of...
Stock Picks : Indian Oil Corporation Ltd And Sun TV Network Ltd By ICICI Direct
Bharat Forge Ltd Buy Bharat Forge Ltd @ 882-884 CMP 883.00 Stop Loss 876.70 Target 895.60 Sun TV Network Ltd Buy Sun TV Network Ltd @ 475-476 CMP 473.65 Stop Loss 468.60 Target 479.30 To Read Complete Report & Disclaimer Click Here Please refer disclaimer at https://secure.icicidirect.com/Content/StaticData/Disclaimer.html SEBI Registration number INZ000183631 ...
Stock Picks : Bharat Forge Ltd And Sun TV Network Ltd By ICICI Direct
Profitability sustains despite weak revenue growth * SUNTV reported a flat EBITDA. PAT too stood flat on a YoY basis at INR5.2b, despite a weak revenue decline of 4%, aided by cost controls and higher other income. * We expect a soft PAT CAGR of 6% over FY22-24 on lower revenue growth visibility and lesser margin. Market share loss and lower investment in the OTT segment as compared to its peers remain a key concern. The recent upbeat valuation for the new IPL team at the recently concl...
Buy Sun TV Network Ltd For Target Rs.640 - Motilal Oswal Financial Services
Ad revenue growth was relatively better Sun TV Network’s Q1FY23 ad revenue performance was better than ZEEL, and on YoY basis, it benefited from low base of covid. Sun TV expects ad revenue to grow at 10- 12% in FY23, which may be aided by easing inflation pressure on advertisers. Subscription revenue continues to be hurt from impasse in NTO 2.0, and also likely due to no major payment hikes for SunNXT in B2B deals which was hurt by low investment in originals. IPL should see one-tim...
Hold Sun TV Network Ltd For Target Rs. 470- ICICI Securities
Highlights : On a standalone basis: * Revenues for the year ended 31 st March ‘22, up ~12.46 % at Rs.3,504.88 crs; * Advertisement Revenues for the year ended 31 st March ’22 up ~30.84 % at Rs.1300.60 crs; * Revenues up ~ 6.52% for the quarter ended 31st March 2022 at Rs. 833.01 crs . * Advertisement Revenues for the quarter ended 31 st March ’22 up ~7.07 % at Rs.337.13 crs; * EBITDA for the year ended 31 st March ’22 up ~9.50 % at Rs.2,263....
Sun TV Network Ltd Q4FY22 Results
Steady performance with strong contribution from Movies * Sun TV reported a better-than-expected performance with revenue/PAT up 6.2%/3.5% YoY, respectively. The result was driven by: a) growth in ad revenue, which rose 11% above pre-pandemic level, and b) contribution from the Movie segment with release of the blockbuster movie ‘Annaatthe’ in 3QFY22. * Our FY23/24 estimates are largely retained building in 8%/5% CAGR in revenue/ EBITDA over FY22-24, respectively. The...
Buy Sun TV Network Ltd For Target Rs.650 - Motilal Oswal
Tata Consultancy Services Buy Tata Consultancy Services Ltd @ 3670.00-3676.00 CMP 3681.80 TGT 3728.00 SL 3642.70 Sun TV Network Ltd Sell Sun TV Network Ltd @ 490.50-491.50 CMP 491.30 TGT 483.00 SL 495.30 To Read Complete Report & Disclaimer Click Here https://secure.icicidirect.com/Content/StaticData/Disclaimer.html Views express by all p...
Stock Picks - Tata Consultancy Services Ltd and Sun TV Network Ltd By ICICI Direct
Healthy recovery in place; investments in OTT hold key * Sun TV (SUNTV) reported in-line nos – revenue/PAT was up 10%/14% YoY, with ad revenues reaching pre-pandemic (2QFY20) levels and delayed benefit from the IPL offering spillover. This was offset by a sluggish subscription revenue run-rate. * Our FY23E/FY24E estimates are largely maintained; we build in a 6% CAGR over FY20–23E. The recent upbeat valuation for the new IPL team auction makes the stock valuation compelling ...
Buy Sun TV Network Ltd For Target Rs.670 - Motilal Oswal
Ad revenues rebound * Sun TV reported a weaker-than-expected quarter, with a 5% EBITDA miss. Domestic subscription revenues were down 4% yoy vs. our est. of 4% growth. However, ad revenues surged by ~40% yoy (above our est. of 28% yoy), pointing toward a revival in ad spends. * The viewership share across genres has been steady, indicating that investments made to bolster content offerings are beginning to yield results. Sun NXT’s content spending was once again deferred to FY23E,...
Hold Sun TV Network Ltd For Target Rs.580 - Emkay Global
TVS Motor Company Ltd * On the weekly chart, the stock has decisively broken out its 8-10 months “Consolidation Range” breakout at 670 levels * The stock is trending up across all the time frames forming a series of higher Tops and higher Bottoms * The stock is well placed above its 20, 50 and 100 day SMA’s which reconfirm bullish sentiments * The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well...
Weekly Tech Picks - TVS Motor Company Ltd, Delta Corp Ltd, KPR Mill Ltd, Sun TV Network Ltd By Axis Securities
Recovery to be gradual… About the stock: Sun TV Network (Sun TV) is a leading regional broadcaster in India, which owns and operates a bouquet of 32 TV channels prominently across southern market (Tamil, Telugu, Kannada & Malayalam) and Bengali language and also an OTT app SunNXT. * In its key market, Tamil viewership share has dipped from ~55%+ to ~40%+ in last few years, with peers, new entrants lapping up market share. Q1FY22 Results: Sun TV’s performanc...
Hold Sun TV Network Ltd For Target Rs.545 - ICICI Direct
Hold Sun TV Network Ltd For Target Rs.534 Underlying trend encouraging Sun TV Network’s Q1FY22 ad revenues were depressed as expected, but decline in subscription revenues QoQ was disappointing as the guidance was for double-digit growth in it, which stands cancelled due to uncertainties from NTO 2.0. EPS increased on change in amortisation policy for movie rights. Sun TV is aggressively building non-fiction shows to drive ratings across the South, and also investing in fresh f...
Hold Sun TV Network Ltd : Underlying trend encouraging - ICICI Securities
A gradual recovery in progress; intensifies content investment * EBITDA grew 19% YoY (11% miss) as content costs grew faster than revenue growth at 34%, 25% below pre-COVID levels (1QFY20). PAT grew 38% (4% miss), aided by the change to a liberal amortization policy. * The slower than expected recovery led to a marginal (4%) cut in EBITDA, but the shift towards a liberal amortization policy has pushed up our PAT estimate by 10-12%, leading to 12% PAT CAGR over FY21-23E. * Intensifyin...
Buy Sun TV Network Ltd For Target Rs.620 - Motilal Oswal
Ad recovery slower than expected * Revenue/EBITDA missed our estimates by 8%/6% due to weak ad and subscription revenues. Ad revenue was down 35% over Q1FY20 vs. a 22% decline for Zee. The higher dependence on retail advertisers in the South market led to a greater impact on Sun TV. * Clarity on domestic subscription revenue should emerge after implementation of NTO 2.0. Sun has changed its amortization policy for film satellite rights from 100% in 1st year to spreading it over 4 years,...
Hold Sun TV Network Ltd For Target Rs.520 - Emkay Global
Religare Super Idea To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime
Buy Sun TV Network Limited Target Rs. 595 - Religare Broking
BHANSALI ENGINEERING POLYMERS LTD * Stock has given fresh range breakout on daily chart after retesting its previous breakout zone. * Strong volume has been seen at the time of breakout. * Both momentum indicator RSI & MACD are ranging in positive momentum. Buy Bhansali Engineering Polymers Ltd @ 201 - 204 CMP 201 1-MONTH TARGET 230 SL 188 CB SUN TV NETWORK LTD * Stock managed to cross above its strong hurdle zone. * Good volume activ...
Trilogy for the month : Bhansali Engineering Polymers Ltd, Sun TV Network Ltd, VA Tech Wabag Ltd By LKP Securities
Investment in OTT delayed, again Sun TV Network’s Q4FY21 ad revenues jumped, but it sees near-term headwinds from covid second wave. But, it remains confident about double digit subscription revenues growth in FY22 despite NTO 2.0 uncertainty. We see rise in content investment for TV with plans to launch 5-6 big-budget non-fiction shows; however, Sun TV has pushed back content investment in OTT, which is disappointing. We understand Sun TV is not bidding for movie digital rights (at ...
Hold Sun TV Network Ltd For Target Rs. 536 - ICICI Securities
Sharp cost savings in a weak environment aid earnings * Sun TV Network (SUNTV)’s EBITDA, up 9% YoY, was largely in-line as costs were kept in check in a modest revenue growth environment. The dividend payout fell sharply to just INR5/share, the lowest since FY10 (v/s INR25/share in FY20), despite strong cash reserves. * Given the impact of the second COVID wave, we cut our FY22E EBITDA/PAT estimates by 9%/6%, but maintain our FY23E estimates. We see the delayed investment in OTT a...
Buy Sun TV Network Ltd For Target Rs. 620 - Motilal Oswal
Sun TV Network Ltd. (STNL) established in 1992, is engaged in producing and broadcasting satellite television and radio software programming. It is one of the largest Television & Radio entertainment company, with a dominant position in the southern states of India. STNL’s flagship channel, Sun TV is one of the most watched channels in India. STNL’s revenue in Q4 FY21 stood at Rs. 802.6cr, up 5.8% YoY. Ad revenues grew by 8% YoY and stood at Rs.314.9 cr. Subscription revenu...
Buy Sun TV Network Ltd For target Rs. 608 - Choice Broking
Sharp cost savings in a weak environment aid earnings * Sun TV Network (SUNTV)’s EBITDA, up 9% YoY, was largely in-line as costs were kept in check in a modest revenue growth environment. The dividend payout fell sharply to just INR5/share, the lowest since FY10 (v/s INR25/share in FY20), despite strong cash reserves. * Given the impact of the second COVID wave, we cut our FY22E EBITDA/PAT estimates by 9%/6%, but maintain our FY23E estimates. We see the delayed investment in OTT a...
Buy Sun TV Network Ltd For Target Rs.620 - Motilal Oswal
Religare Super Idea To Read Complete Report & Disclaimer Click Here Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaime
Buy Sun TV Network Limited Target Rs. 585 - Religare Broking
Disappoints on dividend payout * Sun TV reported better-than-expected operating performance, with EBITDA rising 8.6% yoy. Ad revenues surprised positively by rising 8% yoy vs. our estimate of 6% decline, while domestic subscription revenue growth of 7% fared a bit poorly vs. our expectations. * Driven by movie telecast, the viewership share for its Tamil GEC has seen a revival in Q1FY22. Upcoming content launches should help improve viewership share. Management sounded optimistic on clo...
Hold Sun TV Network Ltd For Target Rs. 505 - Emkay Global
Television broadcast major Sun TV Network Ltd on Friday said it closed last fiscal with 11 per cent growth net profit of about Rs 1,520.41 crore on reduced revenue. According to the company, it has earned a net profit of about Rs 1,520.41 crore last fiscal up from a net profit of about Rs 1,371.83 crore logged in FY20. Sun TV's total revenue was about Rs 3,388.03 crore last year, down from Rs 3,653.35 crore earned in FY20. The advertisement revenues for the year was at Rs 994.03 ...
Sun TV Network logs 11% growth in net profit
Sun TV Network Ltd. (STNL) established in 1992, is engaged in producing and broadcasting satellite television and radio software programming. It is one of the largest Television & Radio entertainment company, with a dominant position in the southern states of India. STNL’s flagship channel, Sun TV is one of the most watched channels in India. Revenue for 9M FY21 de-grew by 14% YoY and stood at Rs. 2,374.3cr. EBITDA and PAT for the period de-grew by 14.1% and 8.9% YoY to be at Rs....
Buy Sun TV Network Ltd For Target Rs.623 - Choice Broking
Our Take: Sun TV Network has presence across genres like general entertainment, movies, music, news, kids, action and life with a dominant market share in the five southern states of India (Tamil Nadu, Kerala, Karnataka, and Andhra Pradesh). This ensures continued and sustained viewership and prominent role in the Media and Entertainment Industry. Its flagship channel Sun TV corners more than 40% market share in the Tamil GEC (General Entertainment Channels) genre. Along with Tamil and Ma...
Buy Sun TV Network Ltd For Target Rs.521.50 - HDFC Securities
Ad recovery, content rejig key… Sun TV’s Q3FY21 numbers were mixed as ad recovery was slower and subscription growth was lower than expected but lower amortisation aided PAT. Revenue (standalone) was at | 972.3 crore, up 19.3% YoY boosted by IPL revenue. Ex-IPL revenue was at | 763.3 crore, down 6.3% YoY. Ad revenues at | 309 crore were down 9.4% YoY as ad spend by retail is yet to pick up. Subscription revenues were up ~3% YoY to | 424 crore. EBITDA was at | 600.7 crore, up ...
Hold Sun TV Network Ltd For Target Rs.570 - ICICI Direct
IPL lifts EBITDA; focus on new channels, OTT investments * Sun TV (SUNTV)’s 3QFY21 revenue recovered with 19% YoY growth (in-line), led by INR2b IPL revenue. Ad and subscription revenue, on the other hand, remained sluggish. * EBITDA/PAT estimates for FY22E were largely maintained – we factor in 11%/14% growth over FY20. Viewership recovery is yet to see a steady uptick, although newfound vigor in fresh content and investments in new channels and OTT should be the key to gro...
Buy Sun TV Network Ltd For Target Rs.640 - Motilal Oswal
Load More