Tuesday, December 30, 2008

SUN TV NETWORK
http://www.sunnetwork.org/index.htm

  • SUN TV was launched in 1993 by Mr Kalanithi Maran.It is a South-India based company and holds a bouquet of 20 top-rated channels in four Indian languages (Tamil, Telugu, Kannada, Malayalam) and 43 FM Radio stations. Every single South Indian channel that boasts of a No. 1 slot among its viewers belongs to the SunTV Network.
  • Sun TV Network has a unique business strategy and enjoys a monopoly-like status in south India with an all-India audience share of 19%. Shift to digital distribution market, high advertising income, stable broadcasting revenues and good radio advertisement revenues can help the company register healthy growth in the next 2-3 years. Sun TV, through its new division, Sun Pictures, has released its first film, "Kadhalil Vizunthen" (Tamil) on 26 Sep 2008.
  • The stock came down from above 450 levels to 122 in just a year or so on conflicts between Marans and M Karunanidhi. But recently the feud has been resolved and the stock once again started trending up.
SUN TV CMP 169 has broken out of a down-channel and can see levels of 205-210 in days to come. Buy with SL 150.

No comments: