Highlights
- TV Today Network climbed over 8% to enter the NSE top gainers list.
- The stock moved above its 63-day moving average with higher trading volumes.
- Latest quarterly earnings and renewed momentum kept the stock in focus.
Overview
TV Today Network Limited (NSE: TVTODAY) gained more than 8% during Thursday's trading session, emerging among the top gainers on the NSE. The stock touched an intraday high of ₹133.70 before trading around ₹127.55, compared with its previous close of ₹117.70. The sharp move was accompanied by increased trading activity, bringing the media stock back into focus after spending several weeks in a consolidation phase.
Fundamental View
TV Today Network reported standalone total income of ₹22,701.00 lakh for the quarter ended March 2026. Profit before tax stood at ₹1,237.00 lakh, while net profit came in at ₹922.00 lakh. Earnings per share for the quarter was ₹1.55. The latest quarterly results indicate that the company remained profitable, although there was no fresh corporate announcement or material development accompanying the day's sharp rise in the share price.
Technical View
The stock registered a strong breakout after consolidating around the ₹105.00–₹118.00 range in recent sessions. During the rally, TV Today Network moved above its 63-day simple moving average of ₹111.02, indicating an improvement in the near-term price structure. The 14-day RSI advanced to around 74.44 from its average near 47.30, reflecting stronger momentum following the latest price move. Higher trading volumes alongside the breakout suggest renewed market participation after an extended period of sideways trading.
Key Technical Levels
Following the breakout, the 63-day moving average near ₹111.02 becomes an important level to monitor on the downside. On the upside, the intraday high of ₹133.70 represents the immediate level being watched by market participants. The stock's ability to sustain trading around these levels may influence its near-term price trend.
Risk to Watch
- Profit booking
- Volume sustainability
- Valuation pressure
- Market volatility
Summary
TV Today Network entered the NSE's top gainers list after rising more than 8% during Thursday's session. The move was supported by higher trading volumes, a breakout above the medium-term trend average and improving momentum indicators following weeks of consolidation. While the latest quarterly results reflected continued profitability, investors are likely to monitor whether the stock sustains the recent momentum and trading activity in the coming sessions.
FAQs
- Why did TV Today Network shares rise today?
The stock gained more than 8% after breaking above its recent consolidation range with higher trading volumes. - How did TV Today Network perform in the latest quarter?
For the March 2026 quarter, standalone total income stood at ₹22,701.00 lakh, while net profit was ₹922.00 lakh. - What technical levels are investors watching?
Market participants are tracking whether the stock holds above its 63-day moving average and sustains momentum near the recent high.