News

Neutral Sun TV Network Ltd For Target Rs.670 By Motilal Oswal Financial Services Ltd Star-Viacom merger a potential double whammy for SUN * Sun TV Network (SUNTV) reported a largely in-line 2QFY25, with revenue/EBITDA declining 12%/26% YoY (on a high base). A modest 2% YoY recovery in ad revenue (vs. -5% YoY in 1Q, -8% YoY for Zee) was offset by lower movie production revenue, higher direct costs and other expenses. * Recovery in ad revenue remains the key near-term monitorable. However, we believe the impending Star-Viacom merger could be a potential double w...
Neutral Sun TV Network Ltd For Target Rs.670 By Motilal Oswal Financial Services Ltd
Neutral Sun TV Network Ltd For Target Rs.670 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 09:45:20 am
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital Coal India Ltd CMP: 487 | Entry Range: On declines till 470 Target (TGT): 545/580/610 | Stop Loss (SL): 450 * After making the highs of 543 zones, stock has corrected over 10% in recent times and been consolidating. On daily chart basis, time and again the stock has shown strong reversals from 475 levels. * The stock has seen trend turning upside on weekly basis – up by 4%, with short covering visible aggressively. Chain also reflects good support built-up by PE writers around ...
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Diwali Picks 2024 : Crackers By Prabhudas Lilladher Capital
Source: Prabhudas Lilladher Capital
2024-10-29 10:48:24 am
Neutral Sun TV Network Ltd For Target Rs. 860 By Motilal Oswal Financial Services Ltd Core business continues to drag * SUNTV reported weak 1QFY25 performance in its core business, with ad/subscription revenue declining 5%/2% YoY owing to cricket and general elections. Higher direct costs (+720bp YoY) and operating deleverage led to a 430bp margin contraction. * Prolonged weakness in ad revenue, coupled with risk around market share loss, and strong competition from deep-pocketed OTT players continued to pose concerns. However, the potential tailwinds from the ad revenue...
Neutral Sun TV Network Ltd For Target Rs. 860 By Motilal Oswal Financial Services Ltd
Neutral Sun TV Network Ltd For Target Rs. 860 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-08-14 04:10:14 pm
Earnings Release for the quarter and Financial year ended 31st March, 2024 -Sun TV Network Highlights: On a standalone basis: * Total Income for the year ended 31st March ’24 up 15.08 % at ~Rs. 4,630.19 crs; *  Revenues for the year ended 31st March ’24 up ~13.30 % at ~Rs. 4,148.36 crs ;  * EBITDA for the year ended 31st March ’24 up ~10.05 % at ~Rs.2,585.30 crs; *  Profit after Taxes for the year ended 31st March ’24 up ~11.98 % at ~Rs.1,875.15 crs; *  Total Income for the quarter ended 31st March ’24 up 18.22 % a...
Earnings Release for the quarter and Financial year ended 31st March, 2024 -Sun TV Network
Earnings Release for the quarter and Financial year ended 31st March, 2024 -Sun TV Network
Source: PR Agency
2024-05-24 05:33:58 pm
Stock of the day : Sun TV Network Ltd. For Target Rs.708 - Religare Broking Sun TV Network Ltd. Buy ISun TV Network Ltd. CMP 669.50 Range 668-670 SL 650; Target 708   Please refer disclaimer at https://www.religareonline.com/dis claimer SEBI Registration number is INZ000174330
Stock of the day : Sun TV Network Ltd. For Target Rs.708 - Religare Broking
Stock of the day : Sun TV Network Ltd. For Target Rs.708 - Religare Broking
Source: Religare Broking Ltd
2024-05-13 12:32:45 pm
Buy Sun TV Networks Ltd For Target Rs. 750 - JM Financial Securities Sun TV’s 3QFY24 performance was marginally below estimates. Revenues grew by 3% YoY, 7% below JMFe. The miss was however driven by lower movie distribution revenues, in our view. Importantly, core (Ad + Subscription) revenues were likely in-line. That said, ad-revenue growth (-3% YoY; JMFe) remained muted as Cricket World Cup likely diverted FMCG adspend towards cricket. We now expect a more gradual recovery in ad-revenues as a still soft volume growth and soft weak rural demand will li...
Buy Sun TV Networks Ltd For Target Rs. 750 - JM Financial Securities
Buy Sun TV Networks Ltd For Target Rs. 750 - JM Financial Securities
Source: JM Financial Services
2024-04-25 01:37:01 pm
Mutual funds increase weightage in healthcare, real estate sectors Among the Nifty midcap-100 stocks, mutual funds were net buyers in 64 per cent of the stocks. The highest month on month net buying in Nov’23 was seen in Petronet LNG, JSW Energy, Sun TV Network, Aditya Birla Capital, and Vodafone Idea, as per a report by Motilal Oswal Financial Services. In the Nifty-50 stocks, MFs were net buyers in 50 per cent of the stocks. The highest MoM net buying in Nov’23 was observed in Bajaj Finance (+12.6 per cent), Adani Ent. (+11.1 per cent), Kota...
Mutual funds increase weightage in healthcare, real estate sectors
Mutual funds increase weightage in healthcare, real estate sectors
Source: IANS
2023-12-13 12:54:04 pm
Buy Sun TV Network Ltd For Target Rs.750 - JM Financial Institutional Securities Ltd Sun TV’s 2QFY24 growth construct was in-line with ZEEL’s, and our expectations. Muted adrevenues, sustained subscription growth and sharp uptick in movie distribution underpinned its growth, like in case of ZEEL. Topline miss (-12.8% below JMFe) was attributable to staggered revenue recognition of Jailer’s box office collection, which should be recouped in 3Q. Adjusted EBITDA margin (net of movie amortisation expenses) was in-line too. Sun TV echoed ZEEL sentiment of cricket...
Buy Sun TV Network Ltd For Target Rs.750 - JM Financial Institutional Securities Ltd
Buy Sun TV Network Ltd For Target Rs.750 - JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
2023-12-09 12:43:06 pm
Sun TV Earnings Release for the quarter ended 30th September, 2023 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 THE QUARTER ENDED 30TH SEPTEMBER’ 2023, the Revenues&...
Sun TV Earnings Release for the quarter ended 30th September, 2023
Sun TV Earnings Release for the quarter ended 30th September, 2023
Source: PR Agency
2023-11-10 05:49:12 pm
Disney in talks with Gautam Adani, Sun TV to sell India assets The Walt Disney Co. is holding preliminary discussions with potential buyers for its India streaming and television business, including with billionaires Gautam Adani and Kalanithi Maran, Bloomberg reported.The US entertainment giant?s senior executives have also gauged the interest of private equity funds considering the company is exploring a range of options, which could involve selling part of the Indian operations or a combination of the unit?s assets including sports rights and regional...
Disney in talks with Gautam Adani, Sun TV to sell India assets
Disney in talks with Gautam Adani, Sun TV to sell India assets
Source: IANS
2023-10-07 10:19:02 am
Disney in talks with Gautam Adani, Sun TV to sell India assets Disney has held talks with Indian billionaires Gautam Adani and Sun TV Network owner Kalanithi Maran as well private equity firms to sell its streaming and television business in the country, Bloomberg News reported on Friday.Disney is exploring various possibilities, including selling some of its Indian operations or a mix of assets from the unit, the report said, citing people familiar with the matter.The discussions are in the very early stages and a deal may not necessarily materialize, B...
Disney in talks with Gautam Adani, Sun TV to sell India assets
Disney in talks with Gautam Adani, Sun TV to sell India assets
Source: Reuters
2023-10-06 04:21:53 pm