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Sun TV Climbs 2% on Plans to Expand Market Share in GEC
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Shares of Sun TV Network rose over 2 per cent on Bombay Stock Exchange after media report suggested that the company is looking to expand market share in GEC (General Entertainment Category) segment in Tamil Nadu in the next few months.
Cheering the news, shares of the company gained as much as 2.19 per cent and touched an intra-day high of Rs 642.35 apiece on the Bombay Stock Exchange.
In a similar trend, stocks of the firm were trading at Rs 633.70 apiece, up 0.83 per cent, on the National Stock Exchange.
Meanwhile, the broader benchmark BSE Sensex was trading at 35,193.18, down 782.45 points, or 2.17 per cent, from the previous close on the BSE at 11:55 hours.
