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SBI Cards slips as Covid-19 impacts Q4 - The Hindu BusinessLine

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May 11, 2020
Analysts remain bullish, hopeful of card business to expand in India
Shares of SBI Cards & Payments slipped on Monday after the company came out with a weak set of quarterly results but analysts remain bullish on the stock.
The result was announced after market hours on Friday. In reaction to the results, SBI Cards shares edged down 2.4 per cent at ₹548.35, down 2.33 per cent. The stock, which got listed on March 16, after the highly successful IPO in early March this year despite global uncertainity on Coronavirus impact, has slumped almost 27 per cent from issue price of ₹750. It touched a high of ₹769 on the listing date. Shares of SBI Cards plunged to a low of ₹501, within a month of listing, on April 16.

Amid lockdown, media stocks entertain investors - The Hindu BusinessLine

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Amid lockdown, media stocks entertain investors
April 20, 2020
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Shares of Sun TV, Balalji Telefilms, Shemaroo Entertainment, ENIL, TV Today, TV Network18, Zee jump 20-70%
Shares of TV media and entertainment content providers have witnessed a sharp rally in the last 15 days after hitting multi-year lows.
Sun TV Networks, which tumbled to a low of ₹259.55 early this month, rose to ₹375 on Monday, a gain of 42 per cent. Balaji Telefilms, one of the content generators, flared up 70 per cent from its recent low of ₹28 to ₹48. Similarly, Entertainment Network, Shemaroo Entertainment, Zee Entertainment Enterprises, TV Today Network and TV Today Broadcast all have gained in the range of 30-60 per cent.

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