In early trades, Sun TV Network climbed 5.41% to Rs 1,610 on recording a 310.9% increase in net profit in Q4 March 2007. The results were declared after market hours on Thursday 28 June 2007.

The scrip touched a high of Rs 1,641 and a low of Rs 1,545 during the day. Its 52-week high was Rs 1,849 on 8 February 2007 and 52-week low Rs 950 on 28 June 2006. Strong Q4 results lets sun TV shines brightly.

Sun TV Network’s share price ascended from Rs 1,322.15 on 8 June 2007 to Rs 1,620.85 on 26 June 2007. The stock had slumped since then to Rs 1,527.35 on 28 June 2007.

In the past one month, the stock had benefited 9.14% to 28 June 2007 against the Sensex's 0.65% rise. It had underperformed the stock market in the last three months, ascending 0.96% as versus the Sensex's 10.96% admiration. The existing price of Rs 1610 brushes off its FY 2007 earning per share of Rs 39.02 by a PE multiple of 41.26.

Sun TV Network’s net profit soared up 310.9% to Rs 118.86 crore in Q4 March 2007 as against to Rs 28.93 crore in Q4 March 2006. Sales up 382.2% to Rs379.04 crore in Q4 March 2007, as compared to Rs 78.60 crore in Q4 March 2007.

Together with the Q4 results, Sun TV Network also informed BSE that the register of members & share transfer books will remain closed from 28 July 2007 to 6 August 2007 (both days inclusive) for the purpose of payment of final dividend, stock split, bonus issue.

On 14 June 2007, the company signed up an exclusive cable and satellite channels contract with Nimbus Communications to broadcast live feed of ODI matches of the Ireland Series between India, Ireland, South Africa and Pakistan, to be held between on 23 June 2007 to 3 July 2007.

Sun TV Network launched its FM Radio Station in Bhubaneshwar under the trade name 'S FM' from June 28, 2007 through its subsidiary South Asia FM.

Sun TV's incorporated development policy is to construct a leading presence in south India. It is a top television broadcaster in all southern states of India. It provides four Tamil language channels comprising Sun TV, Sun News, Sun Music and KTV as also two Malayalam channels Surya TV and Kiran TV, excepting Telugu and Kannada channels.

Sun TV also controls leading Tamil radio stations, Suryan FM in Chennai, Coimbatore and Tirunelveli. The two subsidiaries of the company, Kal Radio and South.