Sell Sun TV Network, price target Rs 440: Arun Kumar

Arun Kumar of Reliance Securities has a sell call on Sun TVNSE 0.23 % Network Ltd. with a target price of Rs 440.0 . The current price of Sun TV Network Ltd. is Rs 470.1 . Arun Kumar recommended to keep a stoploss at Rs 485 .

Sun TV Network Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 18547.59 Crore) operating in Media & Entertainment sector.

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 Sales)for the year ending 31-Mar-2018.