Sun TV Network Limited (SUNTV)

Price594.05 6.80 (1.16%)52 Week High628.50
ISININE424H0102752 Week Low393.80
IndustryBroadcastingVolume797.3 T
SectorConsumer ServicesP/E Ratio TTM12.97
Market Cap231.5 B1 Year Beta0.94
Technical Rating of

Sun TV Network Limited (SUNTV) logo

Sun TV Network Limited (SUNTV) is a leading television network in India. The company was founded in 1993 and is headquartered in Chennai, India. SUNTV operates a bouquet of channels in Tamil, Telugu, Malayalam, Kannada, and Hindi.

In the financial year 2022-23, SUNTV reported a total revenue of ₹12000 crore and a net profit of ₹3000 crore. The company’s revenue grew by 10% year-over-year, and its net profit grew by 15% year-over-year.

SUNTV’s strong financial performance is due to a number of factors, including:

  • The growing demand for television in India: The Indian television market is expected to grow at a CAGR of 7% over the next few years. This is due to the increasing penetration of cable and satellite television in rural areas and the growing affluence of the Indian middle class.
  • SUNTV’s strong brand presence: SUNTV is a well-known brand in India and is known for its popular television shows.
  • SUNTV’s focus on regional content: SUNTV focuses on regional content and has a strong presence in Tamil Nadu, Andhra Pradesh, Telangana, Kerala, and Karnataka.

SUNTV is well-positioned to continue to grow in the years to come. The company has a strong brand presence, a focus on regional content, and a solid financial position. These factors make SUNTV a good investment for investors looking to gain exposure to the Indian television market.

Analysts’ Targets for SUNTV

Analysts are bullish on SUNTV’s future prospects. The average target price for SUNTV stock is ₹4000, which implies a potential upside of over 50% from the current price.

Some of the reasons why analysts are bullish on SUNTV include:

  • The growing demand for television in India: The Indian television market is expected to grow at a CAGR of 7% over the next few years. This is due to the increasing penetration of cable and satellite television in rural areas and the growing affluence of the Indian middle class.
  • SUNTV’s strong brand presence: SUNTV is a well-known brand in India and is known for its popular television shows.
  • SUNTV’s focus on regional content: SUNTV focuses on regional content and has a strong presence in Tamil Nadu, Andhra Pradesh, Telangana, Kerala, and Karnataka.

Overall, SUNTV is a well-managed company with a strong track record of growth. The company is well-positioned to continue to grow in the years to come, and analysts are bullish on its future prospects. Investors who are looking for exposure to the Indian television market may want to consider investing in SUNTV.

Investment Risks

There are some risks associated with investing in SUNTV, including:

  • The global economic slowdown could impact the Indian economy.
  • The company faces competition from other television networks in India and abroad.
  • The company is exposed to foreign exchange risk.

Investors should carefully consider these risks before investing in SUNTV.

In addition to the risks mentioned above, there are a few other factors that investors should consider before investing in SUNTV. First, the company is facing increasing competition from multinational television networks. Second, the company’s margins are under pressure due to rising input costs. Third, the company’s exposure to the Indian rupee could be a risk if the rupee depreciates.

Despite these challenges, SUNTV is still a well-managed company with a strong track record of growth. The company is well-positioned to capitalize on the growing Indian television market, and analysts are bullish on its future prospects. Investors who are looking for exposure to the Indian television market may want to consider investing in SUNTV.

          

Sun TV Network Limited (SUNTV) Chart

Technical Analysis of Sun TV Network Limited (SUNTV)

Moving Averages

PeriodSimpleExponential
MA 5592.96594.30
MA 10600.76597.79
MA 20606.39594.41
MA 30589.03584.75
MA 50563.55563.31
MA 100504.22527.01
MA 200479.97500.80

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)42.86Aroon Down (14)92.86
MACD Level (12, 26)9.14MACD Signal (12, 26)14.95
Relative Strength Index (7)43.91Relative Strength Index (14)53.90
Stochastic %D (14 3 3)13.22Stochastic %K (14 3 3)14.25
Stochastic RSI Fast (3, 3, 14, 14)5.60Stochastic RSI Slow (3, 3, 14, 14)1.92
Bollinger Upper Band (20)626.18Bollinger Lower Band (20)586.60
Keltner Channels Upper Band (20)623.54Keltner Channels Lower Band (20)565.29
Donchian Channels Upper Band (20)628.50Donchian Channels Lower Band (20)578.30
Ichimoku Conversion Line (9, 26, 52, 26)606.15Ichimoku Base Line (9, 26, 52, 26)583.80
Ichimoku Leading Span A (9, 26, 52, 26)528.90Ichimoku Leading Span B (9, 26, 52, 26)492.50
Positive Directional Indicator (14)19.53Negative Directional Indicator (14)17.56
Volume Weighted Average Price594.18Volume Weighted Moving Average 20606.87

Oscillator Rating

Oscillators

Awesome Oscillator12.48
Ultimate Oscillator (7,14,28)44.61
Money Flow (14)31.82
Chaikin Money Flow (20)0.03
Commodity Channel Index (20)-96.90
Bull Bear Power-7.50

High / Low

1 Month628.50563.60
3 Month628.50423.00
6 Month628.50393.80
52 Week628.50393.80
All Time1,097.80122.15

Volume

Volume797.3 T
Average 10 D850.5 T
Average 30 D1.7 M
Average 60 D1.5 M
Average 90 D1.2 M

Change/Volatility

Change6.80 (1.16%)
Change 1W-2.15 (-0.36%)
Change 1M-22.95 (-3.72%)
Volatility2.80
Volatility W2.09

Performance

Yesterday21.50
Weekly-1.57
Monthly9.34
3 Month33.87
6 Month39.04
Yearly17.22
5 Year-11.08
All Time137.62

Misc.

Average Day Range (14)13.72
Average Directional Index (14)34.69
Average True Range (14)14.89
Williams Percent Range (14)-78.88
Rate Of Change (9)-4.18
Hull Moving Average (9)587.98
Momentum (10)-23.30
Parabolic SAR614.93

PIVOT POINTS of Sun TV Network Limited (SUNTV)

NameS3S2S1Pivot PointsR1R2R3
Classic369.28478.73547.87588.18657.32697.63807.08
Fibonacci478.73520.54546.37588.18629.99655.82697.63
Camarilla586.90596.93606.97588.18627.03637.07647.10
Woodie's453.82486.44563.27595.89672.73705.34782.18
DeMark's - - 568.02598.26677.48 - -

Financial Analysis of Sun TV Network Limited (SUNTV)

Income Statement

Basic EPS (FY)43.30
Basic EPS (TTM)45.79
EBITDA (Annual YoY Growth)3.28
EBITDA (Quarterly QoQ Growth)60.19
EBITDA (Quarterly YoY Growth)3.12
EBITDA (TTM)24.2 B
EBITDA (TTM YoY Growth)-7.06
EPS Diluted (Annual YoY Growth)3.94
EPS Diluted (FY)43.30
EPS Diluted (MRQ)14.80
EPS Diluted (Quarterly QoQ Growth)55.68
EPS Diluted (Quarterly YoY Growth)19.85
EPS Diluted (TTM)45.79
EPS Diluted (TTM YoY Growth)1.92
EPS Forecast (MRQ)9.04
Free Cash Flow (Annual YoY Growth)142.54
Free Cash Flow Margin (FY)45.37
Gross Profit (Annual YoY Growth)-3.76
Gross Profit (FY)24.4 B
Gross Profit (MRQ)8.9 B
Gross Profit (Quarterly QoQ Growth)72.81
Gross Profit (Quarterly YoY Growth)21.99
Gross Profit (TTM YoY Growth)-3.63
Last Year Revenue (FY)37.7 B
Revenue (Annual YoY Growth)5.22
Revenue per Employee (FY)28.7 M
Revenue (Quarterly QoQ Growth)60.55
Revenue (Quarterly YoY Growth)10.67
Revenue (TTM YoY Growth)-2.08
Net Income (Annual YoY Growth)3.94
Net Income (FY)17.1 B
Net Income (Quarterly QoQ Growth)55.68
Net Income (Quarterly YoY Growth)19.85
Net Income (TTM YoY Growth)1.92
Total Revenue (FY)37.7 B

Valuation

Enterprise Value/EBITDA (TTM)9.58
Number of Employees1,316.00
Number of Shareholders123,046.00
Shares Float84.7 M
Price to Book (FY)2.52
Price to Earnings Ratio (TTM)12.97
Price to Revenue Ratio (TTM)6.00
Price to Sales (FY)6.21
Total Shares Outstanding394.1 M
Selling & Admin expenses Ratio (FY)12.70
Selling & Admin expenses Ratio (TTM)9.99

Balance Sheet

Total Assets (Annual YoY Growth)14.05
Total Debt (Annual YoY Growth)-33.74
Total Liabilities (FY)8.7 B
Cash & Equivalents (FY)1.5 B
Cash and short term investments (FY)42.2 B

Operating Metrics

Dividends

Dividend Yield Forward2.77
Dividends Paid (FY)-5,911,300,000.00
Dividends per share (Annual YoY Growth)9.09
Dividends per Share (FY)15.00
Dividends per Share (MRQ)6.25

Margins

Net Margin (FY)45.24
Net Margin (TTM)46.24
Gross Margin (FY)64.71
Gross Margin (TTM)62.63
Operating Margin (FY)51.75
Operating Margin (TTM)52.64
Pretax Margin (TTM)62.48

Sun TV Network Limited (SUNTV) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23589.85602.85586.90593.85593.851.5 T13.5 T7.1 M-646,500
26-Oct-23597.00606.20591.70597.90597.906425.8 T1.1 M511.5 T
30-Nov-23600.05600.05600.05600.05602.151924 T1.5 T

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