Trending stocks: NDTV shares jump over 4%

NEW DELHI: Shares of New Delhi Television Ltd. traded 4.09 per cent up in Tuesday's trade at 11:34AM (IST). Around 8,247 shares changed hands on the counter.

The stock opened at Rs 41.05 and touched an intraday high and low of Rs 41.05 and Rs 40.5, respectively, in the session so far. Shares of the company of New Delhi Television Ltd. quoted a 52-week high of Rs 53.15 and a 52-week low of Rs 19.2.

Total market cap of the New Delhi Television Ltd. stood at Rs 262.4 crore at the time of writing this report.

Key Financials
The company reported consolidated net sales of Rs 93.67 crore for the quarter ended 31-Dec-2019, up 21.3 per cent from previous quarter's Rs 77.22 crore and up 8.65 per cent from the year-ago quarter's Rs 102.54 crore.

The net profit for latest quarter stood at Rs 11.25 crore, up 54.53 per cent from the corresponding quarter last year.

Shareholding pattern
As of 31-Mar-2020, DIIs held 0.0 per cent stake in the company, while foreign institutional investors held 14.17 per cent and the promoters 61.45 per cent.


Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 9.34 and a price-to-book ratio of 3.49. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

New Delhi Television Ltd. belongs to the TV Broadcasting & Software Production industry.