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TV18 Broadcast Ltd gains for third straight session

TV18 Broadcast Ltd is up for a third straight session today. The stock is quoting at Rs 22.4, up 1.36% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.36% on the day, quoting at 10114.7. The Sensex is at 34276.99, up 1.33%. TV18 Broadcast Ltd has gained around 19.79% in last one month.

Meanwhile, Nifty Media index of which TV18 Broadcast Ltd is a constituent, has gained around 16.21% in last one month and is currently quoting at 1259.4, up 2.29% on the day. The volume in the stock stood at 14.32 lakh shares today, compared to the daily average of 43.43 lakh shares in last one month.

The PE of the stock is 123.06 based on TTM earnings ending March 20.