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An update from New Delhi Television Limited ( (IN:NDTV) ) is now available.
NDTV has provided an update on its proposed acquisition of the business undertaking comprising the lifestyle and entertainment channel “GoodTimes” from Lifestyle & Media Broadcasting Limited. While the company had earlier indicated a three-month timeframe for closing the deal, it now expects the transaction to be completed within an additional three months, subject to statutory and regulatory approvals and customary conditions precedent, signalling continued progress but a modest delay in integrating the channel into its portfolio.
More about New Delhi Television Limited
New Delhi Television Limited (NDTV) is an Indian media company operating in the broadcast and digital news and entertainment industry, best known for its television channels and online platforms. The company focuses on news, lifestyle and general entertainment content aimed at Indian and global audiences, and is listed on both BSE and NSE under the symbol NDTV.
Average Trading Volume: 91,335
Technical Sentiment Signal: Sell
Current Market Cap: 10.42B INR
For detailed information about NDTV stock, go to TipRanks’ Stock Analysis page.