Sun TV share price: Sun TV plunges 12% on weak Q1, downgrades

Sun TV share price: Sun TV plunges 12% on weak Q1, downgrades

Mumbai: Shares of Chennai-based Sun TV Network tumbled as much as 12% on Monday, emerging as one of the top losers, after the company’s June quarter earnings disappointed investors, triggering analyst downgrades. The stock closed at ₹819.5 on Monday, down 10.6% over the previous day. Sun TV’s consolidated profit for April-June fell 5.5% to ₹560 … Read more