TV18 Broadcast Ltd. belongs to the Network 18 Group based in Mumbai. It was incorporated in 1996 as a private limited company. It owns and operates several channels of the NBCUniversal group for the Indian audience. These channels include CNBC Awaaz, CNBC TV18, CNBC-TV18 Prime HD, and WarnerMedia-CNN News 18. During the financial year 2021-2022, the company earned a total revenue of Rs. 5,601.35 crore, up 22.84% from the earnings of the previous financial year closing in 2021. The company’s market capitalisation on 3 June 2022 was worth Rs. 6,951 crore.
TV18 Broadcast Ltd. was converted into a public limited company in November 2006. In February 2007, it was listed on the Bombay Stock Exchange and the National Stock Exchange.
The company is listed on the Bombay Stock Exchange with the code 532800 and on the National Stock Exchange with the code TV18BRDCST.
Mr Adil Zainulbhai is the chairman of the company, Mr Rahul Joshi is the managing director, and Mr Ramesh Kumar Damani is the group chief financial officer. Ms Jyoti Deshpande, Mr P M S Prasad, Mr Rajiv K Luthra, Mr Dhruv Subodh Kaji, Ms Renuka Ramnath, and Ms Bhama Krishnamurthy, among others, form the team of the board of directors.
On 31 March 2022, the promoter shareholding was 60.4%. Network18 Media & Investments Limited is the leading promoter, having a 51.17% share. Altogether, 25.49% share is with the public, 12.75% with foreign institutional investors, and 1.34% with mutual funds.
On 3 June 2022, TV18’s share price on NSE closed at Rs. 40.55. TV18’s share price on BSE closed at Rs. 40.60. TV 18’s share price on 3 June 2022, was down by 3.10% and 3.11% on BSE and NSE, respectively, from the previous day’s closing price. The 52-week high for TV18’s share price was Rs. 82.55, and the 52-week low for TV18 Broadcast’s share price was Rs. 33.10.
The company has mutual fund investments, including 2.82% in Quant Small Cap Fund Direct Plan Growth, 1.51% in Quant Tax Plan Direct Growth, and 1.41% in Quant Active Direct Growth.
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