Buy Sun TV Network, target Rs 618: Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on Sun TV Network Ltd.NSE 1.62 % with a target price of Rs 618. The current market price of Sun TV Network Ltd. is Rs 605.7. The time period given by the analyst is Intra Day when Sun TV Network Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 598.

Sun TV Network Ltd., incorporated in 1985, is a largecap company with a market cap of Rs 23869.71 crore.
Sun TV Network Ltd. key Products/Revenue Segments include Income From Advertisement which contributed Rs 1395.12 Crore to Sales Value (48.73 % of Total Sales), Subscription Income which contributed Rs 1308.57 Crore to Sales Value (45.71 % of Total Sales), Other Services which contributed Rs 145.20 Crore to Sales Value (5.07 % of Total Sales), Income from Content Trading which contributed Rs 13.53 Crore to Sales Value (0.47 % of Total Sales), Income from Films Production & Distribution which contributed Rs .03 Crore to Sales Value (0.00 % of Total Sale