Aditya Birla may buy stake in Living Media
Aditya Birla may buy stake in Living Media
TV Today Network shares surged on reports of the Aditya Birla Group looking to acquire 26 pc stake in Living Media.

New Delhi: Aditya Birla Group is looking to acquire 26 per cent stake in Living Media which owns 57.1 per cent stake in TV Today , reports Business Standard.

TV Today Network touched an intraday high of Rs 70.85 and an intraday low of Rs 68.10. At 09:34 am, the share was quoting at Rs 69.90, up Rs 1.80, or 2.64 per cent.

It was trading with volumes of 142,888 shares. In the previous trading session, the share closed up 15.23 per cent or Rs 9.00 at Rs 68.10.

The share touched its 52-week high Rs 71.00 and 52-week low Rs 41.10 on 06 Jun, 2011 and 25 Nov, 2011, respectively. Currently, it is trading -1.55 per cent below its 52-week high and 70.07 per cent above its 52-week low. Market capitalisation stands at Rs 415.60 crore.

The company's trailing 12-month (TTM) EPS was at Rs 2.09 per share. (Dec, 2011). The stock's price-to-earnings (P/E) ratio was 33.49. The latest book value of the company is Rs 52.45 per share. At current value, the price-to-book value of the company was 1.33. The dividend yield of the company was 1.07 per cent.

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