Analyst Rating
based on 12 analysts
42.86%
Buy
28.57%
Hold
28.57%
Sell
Based on 12 analysts offering long term price targets for Sun TV Network Ltd. An average target of ₹876.75
Source: S&P Global Market Intelligence
Sun TV Network Ltd Share analysis
Sun TV Network Ltd price forecast by 12 analysts
Upside of6.49%
High
₹1180
Target
₹876.75
Low
₹715
Sun TV Network Ltd target price ₹876.75, a slight upside of 6.49% compared to current price of ₹825.05. According to 12 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Sun TV Network Ltd revenue growth forecast
Expected growth rate Q1, FY2026:10.41%
Forecast
Actual
Including amortisation and stock based compensations
Sun TV Network Ltd EPS growth forecast
EPS estimate Q1, FY2026:12.24%
Forecast
Actual
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹820₹83152 Week's Low
52 Week's High
₹567.6₹921
| Returns % | |
| 1 Month Return | + 1.12 % |
| 3 Month Return | + 8.76 % |
| 1 Year Return | + 38.7 % |
| Market Stats | |
| Previous Close | ₹823.35 |
| Open | ₹820.30 |
| Volume | 6.29L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹32,446.96Cr |
Key Statistics
| P/E Ratio | 17.14 |
| PEG Ratio | 7.58 |
| Market Cap | ₹32,446.96 Cr |
| P/B Ratio | 2.29 |
| EPS | 48.87 |
| Dividend Yield | 2.79 |
| Sector | Entertainment |
| ROE | 19.24 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹32,446.96 Cr | 18.22% | 0.50 | ₹1,925 Cr | ₹4,282 Cr | |
| HOLD | ₹12,772.99 Cr | -12.07% | 0.52 | ₹47 Cr | ₹8,087 Cr | |
| BUY | ₹16,397.30 Cr | 1.29% | 0.77 | -₹33 Cr | ₹6,107 Cr | |
| NA | ₹9,434.05 Cr | 53.26% | 0.86 | -₹16 Cr | ₹6,222 Cr | |
| NA | ₹8,352.36 Cr | 24.09% | 0.59 | ₹127 Cr | ₹5,912 Cr |
Company Information
Sun TV Network Ltd's top products include television channels, radio stations, DTH services, digital media, movies and newspapers. The company's popular brands include Sun TV, KTV, Sun Music, Sun News, Adithya TV, Chutti TV, Sun Direct, Suryan FM, Red FM, Dinakaran, Maalai Malar and Dina Thanthi. Sun TV Network Ltd's channels are available in multiple languages such as Tamil, Telugu, Kannada and Malayalam.
Sun TV Network Ltd is also the largest cable network provider in India. It has over 10 million cable subscribers and reaches over 95 million households in India. The company is also the leader in the Tamil television broadcasting industry with over 20 channels.
Share Price: ₹825.05 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹32,446.96Cr as of today
Revenue: ₹1,312.40Cr as on June 2024 (Q2 24)
Net Profit: ₹559.77Cr as on June 2024 (Q2 24)
Listing date: 24 Apr, 2006
Chairperson Name: Kalanithi Maran
| Organisation | Sun TV Network Ltd |
| Headquarters | |
| Industry | Entertainment |
| E-voting on shares | Click here to vote |
Key events for Sun TV Network Ltd
Sun TV Network Sees Revenue Surge from Cricket Franchise - 04 Sep, 2024
Sun TV Network anticipates substantial revenue growth from its SunRisers Hyderabad cricket franchise, with FY 2023-24 revenue exceeding Rs 659 crore, up from Rs 276 crore. Movie distribution revenue also rose by 24.13% to Rs 313.46 crore. The company remains debt-free with total income reaching Rs 4,630.19 crore.
Negative Outlook for Sun TV Network Amid Industry Merger - 29 Aug, 2024
Analysts predict increased competitive intensity in the media industry due to a merger, negatively impacting Zee Entertainment and other streaming platforms. Sun TV Network shares fell nearly 1% to Rs 806.40 on the NSE.
Sun TV Network Ltd Continues Upward Trend - 28 Aug, 2024
Sun TV Network Ltd is up 1.66% today, marking its third consecutive session of gains. The stock has risen 36.8% over the past year, despite a 4.63% decline in the last month. The current PE ratio is 17.42 based on TTM earnings.
Sun TV Shares Plunge on Weak Q1 Earnings - 13 Aug, 2024
Sun TV Network shares fell 12% following disappointing Q1 results, with profits down 5.5% and revenue declining 2.7%. Analysts downgraded ratings amid concerns over high valuations. Elara Capital and Motilal Oswal downgraded their ratings, while JM Financial maintained a buy rating with a higher target price.
Sun TV Network Faces Major Decline After Q1 Results - 12 Aug, 2024
Sun TV Network's shares fell significantly after reporting disappointing Q1 FY25 results, with profit and revenue declines prompting multiple brokerages to downgrade their ratings.
Sun TV Network Reports Decline in Profit - 11 Aug, 2024
Sun TV Network reported a 5.5% year-on-year decline in net profit to ₹559.8 crore for Q1 ending June 30, 2024, with revenue dipping 2.7% to ₹1,312.4 crore.
Sun TV Networks Reports Q1 Profit Decline - 10 Aug, 2024
Sun TV Networks Ltd reported a 5.48% decline in Q1 FY25 profit to Rs 559.58 crore, with revenue down 2.72% to Rs 1,312.40 crore. Total expenses rose 10%, while the board declared an interim dividend of Rs 5 per share. Shares closed up 3.28% at Rs 914.45.
Sun TV Networks Reports Q1 Profit Decline - 09 Aug, 2024
Sun TV Networks Ltd reported a 5.48% decline in consolidated profit to Rs 559.58 crore for Q1 FY25, with revenue down 2.72% to Rs 1,312.40 crore. The board declared an interim dividend of Rs 5 per share. Shares closed at Rs 914.45, up 3.28%.
Insights on Sun TV Network Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 5.44% to 7.21% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 414.74 Cr → 559.58 Cr (in ₹), with an average increase of 25.9% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, SUNTV stock has moved up by 1.9%
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SUNTV has outperformed top 5 stocks with highest market-cap in Broadcasting
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 1.06K Cr → 1.46K Cr (in ₹), with an average increase of 14.1% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Network 18 Media & Investments Ltd has given 79.5% return, outperforming this stock by 10.8%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 8.87% to 7.89% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 9.62% to 8.88% in Jun 2024 quarter
Company Financials
Index Inclusions
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 75% | 0.00 | |
| Foreign Institutions | 7.89% | ||
| Mutual Funds | 7.21% | 32.51 | |
| Retail Investors | 8.88% | ||
| Others | 1.02% |
Key Indicators
Sun TV Network Ltd Valuation
Sun TV Network Ltd in the last 5 years
Lowest (7.45x)
March 30, 2020
Today (17.14x)
September 17, 2024
Industry (120.00x)
September 17, 2024
Highest (19.08x)
August 9, 2024
Earnings and Dividends
Sun TV Network Ltd Earnings Results
Sun TV Network Ltd’s net profit fell -5.47% since last year same period to ₹559.58Cr in the Q1 2024-2025. On a quarterly growth basis, Sun TV Network Ltd has generated 34.92% jump in its net profits since last 3-months.
Read More about Earnings ResultsSun TV Network Ltd Dividends August,2024
In the quarter ending June 2024, Sun TV Network Ltd has declared dividend of ₹5 - translating a dividend yield of 2.64%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Sun TV Network Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Sun TV Network Ltd (SUNTV) share price today is ₹825.05
Sun TV Network Ltd is listed on NSE
Sun TV Network Ltd is listed on BSE
- Today’s highest price of Sun TV Network Ltd is ₹831.
- Today’s lowest price of Sun TV Network Ltd is ₹820.
PE Ratio of Sun TV Network Ltd is 17.14
PE ratio = Sun TV Network Ltd Market price per share / Sun TV Network Ltd Earnings per share
Today’s traded volume of Sun TV Network Ltd(SUNTV) is 6.29L.
Today’s market capitalisation of Sun TV Network Ltd(SUNTV) is ₹32446.96Cr.
| Sun TV Network Ltd(SUNTV | Price |
|---|---|
52 Week High | ₹921 |
52 Week Low | ₹567.6 |
Sun TV Network Ltd(SUNTV) share price is ₹825.05. It is down -10.42% from its 52 Week High price of ₹921
Sun TV Network Ltd(SUNTV) share price is ₹825.05. It is up 45.36% from its 52 Week Low price of ₹567.6
| Sun TV Network Ltd(SUNTV | Returns |
|---|---|
1 Day Returns | 1.7% |
1 Month Returns | 1.12% |
3 Month Returns | 8.76% |
1 Year Returns | 38.7% |