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Sun TV gains on launching 4 ad-free movie channels/news05012012
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Thursday, January 05, 2012
Shares of Sun TV Network gained nearly 5%, hitting the weekly high of Rs293.70, after the company launched four Ad free action movie channels on Wednesday, (January 04, 2012).
Sun TV Network has launched four Ad free action movie channels -- Sun Action in Tamil, Gemini Action in Telugu, Suriyan TV in Kannada and Surya Action in Malayalam. Sun TV said these are premier pay channels. With the latest launch, the total number of channels in Sun's bouquet has risen to 29, of which there are ten channels in Tamil, eight channels in Telugu, seven channels in Kannada and four channels in Malayalam languages, Sun TV said in a statement.
At 11.57 am, Sun TV Network was trading at Rs291.20, up by 3.87%, with a volume of 0.57 lakh shares on the BSE.
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