Midcap Media Stock Declares 75% Interim Dividend, Fixed Record Date, "Hold" 
Says ICICI Direct

Midcap Media Stock Declares 75% Interim Dividend, Fixed Record Date, " Hold" Says ICICI Direct { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

Sun TV Network Ltd., a midcap Media sector stock, at its meeting held on 3rd February 2023, declared an Interim Dividend of Rs 3.75/- equity share.

In January 023, the stock declare the Record Date for the Declared Interim Dividend.

Leading brokerage firm ICICI Direct today published a report on the stock, where the brokerage recommends " Hold" the stock for a target price of Rs 460 apiece.

Sun TV Network is currently trading at Rs 456.50 apiece on NSE, up 2 .26% from the previous close of Rs 446.40 apiece. { "selector": ".imagebox-wrapper", "duration": "5000ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.15)"] } }

The stock hits the 52- week high on 10 November 2022 at Rs 568.50 apiece and the 52- week low on, which has fallen 4 .46 % and in 3 years it has fallen 6 .37 % and the past 1 year, it has fallen 9 .28%.

In 3 9 .28 % month, it has fallen.

Sun TV Network Ltd declares 75% Interim Dividend

Sun TV Network Ltd. { "selector": ".imagebox-wrapper", "duration": "2064ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.06192)"] } }

Interim Dividend of Rs.3.75/- per equity share of Rs.5/- each ( i.e. 75%) for the financial year 2022 - 23 has been declared from 3rd February, 2023.

Earlier on 31st January 2023, the Board of Directors fixed the Record Date for Interim Dividend.

ICICI Direct recommends " Hold" the stock stock Disclaimer

The stock has been picked from the brokerage report of ICICI Direct. { "selector": ".imagebox-wrapper", "duration": "4968ms", "easing": "ease-out", "fill": "forwards", "keyframes": { "transform": ["scale(1)", "scale(1.14904)"] } }

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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt View more