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New Delhi Television Limited ( (IN:NDTV) ) has shared an announcement.
New Delhi Television Limited has voluntarily surrendered the approvals granted by India’s Ministry of Information & Broadcasting for three proposed high-definition news and current affairs channels—NDTV INDIA HD, NDTV 24×7 HD and NDTV PROFIT HD—after an internal strategic assessment. The company has decided not to proceed with launching these non-operational channels and has emphasized that this decision will not have any material impact on its existing business operations or financial position, indicating a strategy of focusing resources on current channels and platforms rather than expanding its HD linear channel lineup at this time.
More about New Delhi Television Limited
New Delhi Television Limited (NDTV) is an Indian media company operating television channels focused on news and current affairs, with a portfolio that includes prominent national and business news offerings distributed across India. The company targets viewers seeking news, analysis and information content, leveraging both standard-definition broadcasting and digital platforms in a highly competitive broadcast news market.
Average Trading Volume: 102,836
Technical Sentiment Signal: Sell
Current Market Cap: 10.02B INR
See more data about NDTV stock on TipRanks’ Stock Analysis page.