Midcap Media Stock Declares 75% Interim Dividend, Fixed Record Date, " Hold" Says ICICI Direct
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.
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.
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.
Greynium Information Technologies, the Author, and the respective Brokerage house are not liable for any losses caused as a result of decisions based on the article.
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By Shubham Kumar Goodreturns source: goodreturns.in Dailyhunt