Friday, June 18, 2021
Home Media Rumours of NDTV sale and some interesting share price graphs

Rumours of NDTV sale and some interesting share price graphs

NDTV has been in all sorts of trouble in recent times. The channel’s TRPs are at rock bottom, showing no signs of improvement. Its leading anchor Barkha Dutt left, in a not-so-cordial manner. NDTV’s tax troubles are here to stay. Even the founders of NDTV found themselves at the wrong end of a CBI raid. And of course, there is the recurring issue of fake news, which has become par for course for NDTV. In all this mess, sensible investors would prefer to jump ship before the channel hits the iceberg.

Today, Social media was abuzz with rumours that NDTV had been sold off to new investors:

While such unconfirmed rumours could have been ignored, one cannot ignore the very interesting and mysterious movements which NDTV’s shares had exhibited in the last few days. In fact, even before today’s rumours, many share market observers had noticed the erratic movement in share prices:

One of the websites to have noticed this, pgurus.com, had this to say:

Some say that when the shares in the stock market go below 10 percent, then with the consent of SEBI (Securities Exchange Board of India), the promoters can delist the shares and get off from the stringent SEBI and Stock Exchange Rules and Regulations. Now NDTV is facing several complaints in SEBI from investors for insider trading and stock exchange manipulation. But it may not be as easy as it sounds, to get the shares delisted. Moreover, the Enforcement Directorate is also probing the stock related trading complaints and money laundering aspects. Is NDTV expecting support from “big wigs” in the current government to escape from SEBI cases filed by minority shareholders like Sanjay Dutt and get the company delisted?

Independent market analyst Deepak Singh opined:

An 80% rally in a stock is huge. Speculators or Insiders may have ramped up the stock from 36 to 70 in anticipation of the sale of company. Historically – it has been seen that stock price movements precede major news flow announcement like promoter selling major stake egs Ranbaxy. On the other hand, other media companies have also risen. Thus it can also be thematic buying by investors too. But stock price movement does warrant this question.

Sooner or later, the truth will come out as NDTV files corporate information with the stock exchanges. Till then the market is open to speculation.

  Support Us  

Whether NDTV or 'The Wire', they never have to worry about funds. In name of saving democracy, they get money from various sources. We need your support to fight them. Please contribute whatever you can afford

OpIndia Staffhttps://www.opindia.com
Staff reporter at OpIndia

Related Articles

Trending now

“Law of land is supreme, not your policies”: Parliamentary committee to Twitter after its officials said they follow the company’s policies

When the committee asked what Twitter follows, Indian law or own policies, company officials replied that they follow their policies

TISS research paper calls Kashmir ‘India occupied’, blames Indian Army for domestic violence in Kashmiri society

A dissertation paper by a student at TISS-Hyderabad has come under the scanner for calling Kashmir "India occupied Kashmir".

Ghaziabad fake ‘hate crime’: Police send notice to Twitter India MD for ‘provoking communal unrest’, ask him to appear within a week

UP Police had registered an FIR against Twitter India MD and 7 others in the Loni fake hate crime case for spreading lies.

Information about a fictitious train on ‘reliable’ Wikipedia, picked up by websites and academic journals: Here is how it originated

A 2016 edit about fictional Mashriq-Maghreb Express was removed from the East Pakistan Railway's Wikipedia page in 2020 only

‘Being targeted because I am Muslim’: SP leader Umed Idris plays victim card after giving Ghaziabad incident a communal spin

SP leader Umed Idris was booked by Ghaziabad police on May 17 for giving the Loni incident a communal spin in his Facebook video.

4 arrested in Hiranandani society fake vaccine scam, Tips Films, another production house were duped too: Reports

4 persons have been arrested by the Kandivali Police in the fake vaccination drive case. They have been sent to judicial custody till June 25.

Recently Popular

Pakistani audience go ballistic over Zee5 web series featuring Muslim girl-Indian Hindu boy love story, call it ‘haram’

The Pakistani web series features the love story between a Pakistani Muslim girl and Indian Hindu boy who have both lost their fathers to the conflict between the two nations.

Republic TV issues statement over Arnab Goswami’s disappearance from the news network: Here is what they said

Arnab Goswami was last seen on May 2 during a discussion on West Bengal assembly polls. He will make a return on Monday.

Dhruv Rathee fans mark YouTuber Karolina Goswami for targeted harassment after she exposed his lies

After Karolina Goswami pointed out the factual errors and mistakes in the Dhruv Rathee video, Rathee's supporters have been harassing and abusing Goswami.

AAP celebrates Delhi’s new architectural marvel, the Moti Nagar speed breaker

AAP's Moti Nagar MLA has recently inaugurated a speed breaker, along with dozens of supporters flouting social distancing norms.

Ghaziabad fake hate crime case: Unmuted video of elderly man seconds before he was beaten up released. Watch

In the video, Abdul can be heard admitting that one Intezar sent some people to him to make the 'tabeez' (occult amulet) and put them in his spell as he had some work from them.

Virtual hearing embarrassment: Congress leader Abhishek Manu Singhvi caught attending the court proceedings without pants

Abhishek Manu Singhvi was caught attending court proceedings in boxer shorts when one of the screens accidentally fell off and showed the naked legs of the senior advocate
- Advertisement -

 

Connect with us

255,564FansLike
554,409FollowersFollow
24,400SubscribersSubscribe