GECs
Media and tech stocks set bourses on fire
Zoom. The stockmarket polevaulted today on a manic Monday which proved to the best in the past three months. The Bombay Stock Exchange sensitive index (BSE Sensex) ended firm at 3,322.77, up 70.57 points at the end of the day. The National Stock Exchange Nifty Index rose 21.60 points to end at 1,080.60.
Institutions went berserk as they went about picking selective counters and speculators ploughed into second rung media and tech stocks. Media and tech stocks were at the forefront. Infosys was the top gainer with a close to 10 per cent rise to Rs 3,910. The next highest climber was top media stock Zee Telefilms, which scampered up 9.8 per cent to Rs 132.80 till close of day. The reason: the buzz that Zee TV has offloaded equity to a foreign media major continues to add buoyancy to the stock, even though the company has denied the rumour outright. Additionally, Zee Telefilms advisor UBS Warburg has placed a buy recommendation on the stock, which has been fuelling the upward run, say market sources.
The market expects viewers to respond well to the mythological serials such as Ramayan and Mahabharat which are slated to launch soon on struggling mother channel Zee TV. Finally, the perception is that Zee Telefilms has successfully transitioned from a free to air to a pay TV regime.
Other media stocks also joined the party. Sri Adhikari Brothers skyrocketed 20 per cent to close at Rs 78, while Jain Studios zipped up 14 per cent closing at Rs 49. TV18 closed stronger by 12 per cent at Rs 98 while Pentamedia was up 10 per cent at Rs 70. Tips notched up gains of 8 per cent when trading ended, with its price at Rs 99. Saregama India went up 11.91 per cent to Rs 155. Cinevista Communications (Rs 46.10), Padmalaya Telefilms (Rs 106.50), Adlabs Films (Rs 56.30), Creative Eye (Rs 34.65), Mid-Day Multimedia (Rs 23.90), Pritish Nandy Communications (Rs 30.90), and Crest Communications (Rs 70.15) hit their individual upper limits of their circuit breakers.
On the tech front, software major Satyam Computers gained 5 per cent to close at Rs 224 while second line techs attracted considerable buying and closed with huge gains. Rs Software was up 16 per cent at Rs 60 while Visualsoft gained 15 per cent at its close of Rs 162. Polaris was up 15 per cent at Rs 148 while Aptech closed at Rs 79 with a gain of 12 per cent. Wipro gained 10 per cent at Rs 1,462.
Momentum stocks Global Tele and HFCL also notched up neat increases. Global Tele was up 4 per cent at Rs 123 while HFCL gained 6 per cent at its close of Rs 103.
While new economy stocks rose, old economy stocks such as FMCG declined with keen selling taking place.
Stockmarket sources say that the movement in certain new economy stocks can also be attributed to Ketan Parekh, who has supposedly become active again in his favourite stocks once again. Additionally, observers point out that the ripple effect of an Asian recovery in the wake of better tidings on Wall Street on Friday helped the Indian stockmarkets go up.
Asian bourses were singing with the Hang Seng index up by 69.65 points, Tokyo’s Nikkei up by 367 points to 11,064, Seoul’s Kospi by 29.38 points to 675. The Straits Times’ Index and Taipei’s Taiex also showed northward movements.
GECs
Sun TV posts steady revenue, profit dips amid rising costs
CHENNAI: It appears there is still plenty of Sun to go around in the Indian broadcasting landscape, even if a few clouds have drifted across the financial horizon. Sun TV Network Limited, the Chennai-based behemoth that dominates airwaves across seven languages, has tuned into a steady frequency for the quarter ending 31 December 2025. While the numbers show a resilient revenue stream, the company’s latest broadcast reveals a few static-filled spots in its profit margins.
For the quarter in question, Sun TV’s total income climbed by approximately 3.31 per cent, reaching Rs 958.39 crores compared to Rs 927.66 crores in the same period last year. Revenue from operations also saw a healthy bump, rising 4.32 per cent to Rs 827.87 crores.
The real star of the show, however, was domestic subscription revenue, which surged by 8.86 per cent to Rs 472.99 crores. This growth highlights the enduring appetite for Sun’s diverse content, which spans everything from daily soaps in Tamil and Telugu to its burgeoning OTT platform, Sun NXT.
Despite the revenue growth, the picture quality of the profits was slightly blurred by rising costs. Eitda for the quarter stood at Rs 409.79 crores, a dip from the Rs 432.14 crores recorded in the corresponding 2024 quarter.
The profit after tax followed a similar downward trend, settling at Rs 316.44 crores against the previous year’s Rs 347.17 crores. Advertisers also seemed to have switched channels slightly, with advertisement revenues sliding to Rs 291.94 crores from Rs 332.17 crores.
Sun TV isn’t just playing on home turf; its sporting ambitions are becoming increasingly global. The network now owns three major cricket franchises: SunRisers Hyderabad in the IPL, SunRisers Eastern Cape in SA20, and SunRisers Leeds Limited in The Hundred (UK).
The foray into British cricket saw the company acquire a 100 per cent stake in Northern Superchargers Limited (now SunRisers Leeds) for approximately £100 million. While these franchises brought in Rs 14.61 crores this quarter, they also incurred corresponding costs of Rs 19.89 crores. Over the nine-month period, however, the cricket business is a major player, contributing Rs 487.64 crores in income.
The company’s bottom line took a minor hit from exceptional items, including a Rs 4.23 crore charge related to India’s new Labour Codes, which consolidated 29 existing labour laws. Additionally, the consolidated results reflect the amalgamation of Kal Radio Limited with Udaya FM, a move that became effective in May 2025 and required a restatement of previous figures.
To keep investors from reaching for the remote, the Board has declared an interim dividend of 50 per cent, that’s Rs 2.50 per equity share. This comes on top of earlier dividends of 100 per cent (Rs 5.00) and 75 per cent (Rs 3.75) declared in August and November 2025, respectively.
With a massive cash reserve and a dominant position in the South Indian market, Sun TV continues to shine, even if the current quarter required a bit of fine-tuning. For now, shareholders can sit back, relax, and enjoy the show.
GECs
SPNI hires Pradeep M with responsibility for standards and practices in the south
MUMBAI: Sony Pictures Networks India has hired Pradeep M to handle standards and practices for its southern market, bolstering its compliance bench as content rules tighten across platforms.
Pradeep, who has nearly 13 years in the entertainment media industry, takes on responsibility for content standards in a region that is both linguistically diverse and regulatorily sensitive. His brief spans television, OTT, sports and digital platforms.
He specialises in content review and compliance across shows, commercials, on-air promotions and international feeds, ensuring alignment with broadcast, OTT and advertising codes. He has also handled brand approvals and sponsorship integrations for heavily regulated categories—including online gaming, cryptocurrency, NFTs and lottery brands—offering guidance shaped by fast-evolving rules.
Before Sony, Pradeep worked at Jiostar as assistant manager for content regulation from November 2024 to January 2026. Earlier, he spent nearly seven years at Viacom18 Media, rising from senior executive to assistant manager in content regulation between 2018 and 2024. There he served as a key compliance touchpoint for the network.
His career began on the creative side. Between 2013 and 2018, he worked as executive producer on feature films and television shows, gaining hands-on exposure to production. He also had a stint as a non-fiction show director at Star TV Network in 2017. That mix of creative and regulatory experience gives him a dual lens—how content is made and how it must be managed.
As regulators, platforms and advertisers all tighten the screws, broadcasters are investing more in gatekeepers who can keep creativity within the lines. Sony’s latest hire shows where the industry is heading: in the streaming age, compliance is content’s quiet co-star.
GECs
Colors Gujarati rolls out two new shows from 2nd February
MUMBAI: Colors Gujarati has unveiled two new prime-time shows as part of its push to strengthen culturally rooted storytelling for regional audiences. The channel will premiere the devotional saga Gangasati–Paanbai at 7.30 pm, followed by the romantic family drama Manmelo at 9.30 pm from February 2.
Inspired by Gujarat’s spiritual and literary heritage, Gangasati–Paanbai: Shyam Dhun No Navo Adhyay draws from the timeless bhajans and poetry of saint-poetesses Gangasati and Paanbai, weaving devotion and human values into a contemporary narrative aimed at younger viewers.
In contrast, Manmelo explores love and responsibility across social divides, tracing the lives of three middle-class sisters whose relationships with three affluent brothers reshape their futures. The show delves into ambition, emotional conflict and the realities of married life, offering a layered family drama.
A Colors Gujarati spokesperson said the new launches reflect the channel’s commitment to authentic Gujarati entertainment that blends cultural values with modern storytelling.
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