Buy Sun TV Network, target Rs 1,057.50: ICICI Direct

ICICI Direct has a buy call on Sun TV Network with a target price of Rs 1,057.50.

The current market price of Sun TV Network is Rs 1,035.10.

Time period given by the brokerage firm is 'Intra Day' when Sun TV Network price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 1,026.50.

Sun TV Network, incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 40,726.68 Crore) operating in Service sector.

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.