NDTV update on GoodTimes Channel acquisition

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

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

-2.4%Reaction day

₹83.35

prior close

₹83.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%-3.2% vs market

TV Broadcasting & Software Production peers, median of 16sector+0.6%-3.0% vs sector

On the reaction day the stock moved 3.2 pts less than Nifty Microcap 250 and 3.0 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

-0.4

10m

-0.7

15m

-0.9

30m

-0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.4+0.8-3.2+0.6-3.0

Next day

-1.5+1.7-3.2+0.5-2.0

-2.7+0.9-3.6+0.5-3.2

-2.6+0.8-3.4+0.3-2.9

-2.2+0.2-2.4-1.8-0.5

-4.1-0.1-4.0-4.0-0.1

-2.9+1.1-4.0-2.7-0.2

15d

-2.1+2.5-4.7-4.6+2.5

-4.0+1.2-5.2-5.6+1.6

-11.9+4.9-16.9-12.5+0.5

-14.2+5.8-20.0-14.0-0.2

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

New Delhi Television Ltd has issued an update regarding the acquisition of the GoodTimes Channel. GoodTimes is a lifestyle and entertainment channel. The filing provides shareholders with a progress update on the deal, though further details on valuation and completion timelines are awaited in a follow-up disclosure.

Likely market impact

Acquisition of a niche lifestyle channel could help NDTV diversify revenue beyond news. Watch for deal terms and integration plans.