Sun TV Network's Stock Sees Decline on August 12, Underperforms Sector by -5.67%

Aug 12 2024 09:30 AM IST
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On August 12, 2024, Sun TV Network, a prominent TV broadcasting and software company in India, experienced a -7.32% decline in its stock price, underperforming the sector by -5.67%. This reversal follows three consecutive days of gains and the stock remains above its moving averages, but below its 5-day average. It has underperformed the Sensex by -0.36% in the past day and outperformed by 5.00% in the past month. MarketsMojo has given a 'Hold' call for the stock.

Sun TV Network ., a leading TV broadcasting and software company in India, saw a decline in its stock price on August 12, 2024. The stock fell by -7.32%, underperforming the sector by -5.67%. This trend reversal comes after three consecutive days of gains for the company's stock.

The stock touched an intraday low of Rs 853, marking a decrease of -6.7%. It also showed high volatility with an intraday volatility of 16.22%, calculated from the weighted average price. Despite this decline, Sun TV Network's stock remains higher than its 20-day, 50-day, 100-day, and 200-day moving averages, but lower than its 5-day moving average.

In comparison to the overall market performance, Sun TV Network's stock has underperformed the Sensex by -0.36% in the past day and has outperformed by 5.00% in the past month. However, it is important to note that this article is based on fact-based information and does not include any external data or sources. As such, no recommendations can be made regarding the stock. MarketsMOJO has given a 'Hold' call for Sun TV Network's stock.
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