NDTV surrenders MIB approval for three planned HD news channels

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NDTV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹83.76

prior close

₹83.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.6%-0.2% vs market

TV Broadcasting & Software Production peers, median of 16sector+1.8%-0.4% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.4 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.7

10m

+2.6

15m

+3.0

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+1.6-0.2+1.8-0.4

Next day

-2.9-0.6-2.3-1.5-1.4

-1.5-0.5-1.0-2.2+0.7

-1.1+1.5-2.7-1.0-0.2

-2.7+1.1-3.9-2.1-0.6

-1.8+3.0-4.8-1.9+0.1

-0.5+5.5-6.0-0.2-0.3

15d

+0.3+6.1-5.8-0.4+0.7

-2.7+5.1-7.8-1.9-0.7

-22.3-8.0-14.3-16.6-5.7

-1.0+10.9-11.9-4.5+3.5

UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NDTV has voluntarily surrendered the MIB permission granted in March 2024 for uplinking and downlinking three proposed HD news channels: NDTV INDIA HD, NDTV 24x7 HD, and NDTV PROFIT HD. The channels were never launched and the company states the move follows an internal strategic assessment with no material impact on business or financials.

Likely market impact

Neutral. The channels were never operational, so surrendering the unused approval does not affect the company's business or financial position.