Sun TV launches FM Station at Siliguri

Source: Equity Bulls

Sun TV Network Ltd has announced about the launching of its FM Radio Station at Siliguri under the brand ‘S FM’ from October 28, 2008 through its Subsidiary South Asia FM Ltd. This Station can be heard at 93.5 MHz frequency in Siliguri and will cater to the audience of all age groups.

With the launch of this FM Station, the total operational FM Stations of Sun TV goes up to 43 as it already operates at Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Bangalore, Hyderabad, Jaipur, Bhubaneswar, Titupati, Madurai, Tuticorin, Lucknow, Bhopal, Pondicherry, Kozhikode (Calicut), Indore, Vijayawada, Varanasi, Tiruchy, Rajahmundry, Kanpur, Thiruvananthapuram, Thrissur, Mangalore, Kannur, Allahabad, Jabalpur, Mysore, Guwahati, Jamshedpur, Nasik, Vadodara, Rajkot, Aurangabad, Ahmedabad, Warangal, Nagpur, Kochi, Gulbarga, Asansol, Shillong and Pune.

The Company hold licenses for 45 FM Radio Stations across India, and will be one of the largest radio broadcasters in India when all the remaining 2 stations become operational.

The Stock was trading at Rs.151, up by Rs.11.80 or 8.48%. The stock hit an intraday high of Rs.159.90 and low of Rs.146.05.

The total traded quantity was 7074 compared to 2 week average of 19572.

Filed Under: FM Radio

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