Network 18 Media & Investments Ltd dropped for a fifth straight session today. The stock is quoting at Rs 50.26, down 3.83% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.96% on the day, quoting at 22871.55. The Sensex is at 75485.37, down 0.93%.Network 18 Media & Investments Ltd has lost around 28.55% in last one month.Meanwhile, Nifty Media index of which Network 18 Media & Investments Ltd is a constituent, has eased around 13.17% in last one month and is currently quoting at 1643.4, down 3.89% on the day. The volume in the stock stood at 32.39 lakh shares today, compared to the daily average of 44.7 lakh shares in last one month.
The PE of the stock is 0 based on TTM earnings ending December 24.