Buy Sun TV Network Ltd. target Rs 1064.8 : ICICI Direct

ICICI Direct has buy call on Sun TV Network Ltd. with a target price of Rs 1064.8 . The current market price of Sun TV Network Ltd. is Rs 1035.75 Time period given by analyst is Intra Day when Sun TV Network Ltd. price can reach defined target. ICICI Direct recommended to keep stoploss at Rs 1042.4
Sun TV Network Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 41331.59 Crore) operating in Service sector.

Sun TV Network Ltd. key Products/Revenue Segments include Income From Advertisement which contributed Rs 1271.64 Crore to Sales Value (49.70 % of Total Sales), Subscription Income which contributed Rs 1115.88 Crore to Sales Value (43.61 % of Total Sales), Other Services which contributed Rs 150.99 Crore to Sales Value (5.90 % of Total Sales), Income from Content Trading which contributed Rs 14.74 Crore to Sales Value (0.57 % of Total Sales), Income from Films Production & Distribution which contributed Rs 5.00 Crore to Sales Value (0.19 % of Total Sales)for the year ending 31-Mar-2017.

The company’s top management includes Mr.J Ravindran, Mr.K Vijaykumar, Mr.Kalanithi Maran, Mr.M K Harinarayanan, Mr.Nicholas Martin Paul, Mr.R Ravivenkatesh, Mr.S Selvam, Mrs.Kavery Kalanithi. Company has S R Batliboi & Associates LLP as its auditoRs As on 31-12-2017, the company has a total of 394,084,620 shares outstanding.