Sun TV, the leading broadcaster in India, has a large following and is considered one of the best stocks to invest in. The company has a low beta, which means that when the market is rising, it outperforms. During a decline, it underperforms. Those who are investing in SunTV should take note of the following:
In April 1993, Sun TV launched with four and a half hours of time that was shared with the ATN Network. Since then, it has grown to become the second-largest television network in India. Today, it has 33 TV channels, reaches 95 million households in India, and is available in 27 other countries. The company controls over 50,000 hours of original content. Additionally, SunTV has presence in South Africa, Australia, the USA, and Asia.
As of May 20, 2022, the market cap of SunTV Network Ltd. (NASDAQ: SUNTV) is $2.20 billion, making it the 3418th-most valuable company in the world. The market cap of a company is the total value of all outstanding shares. With this high payout ratio, investors should be careful when making investment decisions. It’s also a good idea to check the company’s historical profitability before investing.
SUN TV NETWORK’s fundamentals are designed to help investors understand the financial information a company has and predict its stock’s future movements. The fundamental analysis module evaluates SUNTV’s intrinsic value by examining the available economic and financial indicators. The company also examines its income statement patterns and various microeconomic indicators. However, it should be noted that this module does not cover all equities due to the inconsistencies in global equity categorization.