Buy Sun TV With Stop Loss Of Rs 485

Buy Sun TV With Stop Loss Of Rs 485Stock market analyst Salil Sharma has maintained 'hold' rating on Sun TV Ltd stock with one-week target of Rs 520.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 485.

Today, the stock of the company opened at Rs 496.50 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 546.90 and a low of Rs 277.05 on BSE.

Current EPS & P/E ratio stood at 15.69 and 31.54 respectively.

Sun TV Network is making attempts to announce 2-3 content broadcasting deals in the subsisting fiscal (2010-11).

In June 2010, Sun TV Network signed up a deal with DQ Entertainment with the intention to provide animated content.

The flagship channel of the Chennai-based Sun Network, Sun TV was set up and presently possessed by Kalanidhi Maran.

It is the most matched Tamil TV channel all over the world, with syndicated broadcasts in various nations including the United Kingdom, United States as well as Canada.