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TV Today zooms 8% after HDFC Mutual Fund hikes stake

Shares of TV Today Network zoomed 8% on the BSE after HDFC Mutual Fund has increased its holding in the company by 2.14% stake through the open market transaction.

The media report added that the schemes of HDFC Mutual fund, which earlier held a 5% stake in the company have bought 12.78 lakh shares, amounting to 2.14% shareholding in the company.

TV Today Network Ltd is currently trading at Rs271 up by Rs12.9 or 5% from its previous closing of Rs258.10 on the BSE.

The scrip opened at Rs259.70 and has touched a high and low of Rs285.75 and Rs259.65 respectively. So far 1,55,209 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs1,539.85cr.

The BSE group 'B' stock of face value Rs5 has touched a 52 week high of Rs471 on 04-Jul-2018 and a 52 week low of Rs237.20 on 21-Jun-2019.

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