Sun TV launches FM station in Tirupati

Sun TV Network Ltd has announced the launching of the Company's FM Radio Station at Tirupati under the brand "S FM" from August 24, 2007 through its subsidiary Kal Radio Ltd. This Station can be heard at 93.5 MHz frequency in Tirupati. The Programs will cater to the audience of all age groups.

With this, the total FM Stations of the Company's group operational goes up to 9 as the Company already operate FM stations at Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Bangalore, Hyderabad, Jaipur and Bhubaneshwar.

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 36 stations becomes operational.

The stock closed the day at Rs.288.20, down by Rs.10.65 or 3.56%. The stock hit an intraday high of Rs.310 and low of Rs.286. The total traded quantity was 148943 compared to 2 week average of 74445.

Source : Equity Bulls

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