Sun TV Network Ltd has announce the launching of its FM Radio Station in Bhubaneshwar under the brand 'S FM" from June 28, 2007 through its subsidiary South Asia FM Ltd. This Station can be heard at 93.5 MHz frequency in Bhubaneshwar and Cuttack. The Programs will cater to the audience of all age groups.
With this, the total FM Stations of the Company's group operational goes up to 8 as it already operate FM stations in Chennai, Coimbatore, Tirunelveli, Visakhapatnam, Bangalore, Hyderabad and Jaipur.
The Company hold licences for 45 FM Radio Stations across India, and will be one of the largest radio broadcasters in India when all the remaining 37 stations becomes operational.
The stock was trading at Rs.1614, down by Rs.6.85 or 0.472%. The stock hit an intraday high of Rs.1635 and low of Rs.1606. The total traded quantity was 3832 compared to 2 week average of 31902.