Streetbeat News

LYT

Lytus Technologies Holdings PTV. Ltd.

https://www.lytus.in

Industry

Software - Application

Lytus Technologies Holdings Private Limited, a platform services company, provides content streaming/telecasting services to users in India. Its Lytus platform provides a range of streaming services and telemedicine services with local assistance through health centers. The company through its platform enable its customers to connect via CPE devices/STBs and have access to multi-dimensional services, including telemedicine service. The company was incorporated in 2020 and is headquartered in Mumbai, India.

Open

1.80

Mkt cap

3.1M

Volume

42K

High

1.82

P/E Ratio

6.26

52-wk high

18.62

Low

1.67

Div yield

N/A

52-wk low

1.40

In Monday's pre-market session, several Communication Services stocks showed notable movements. Gainers included Onfolio Holdings (ONFO) with a 16.2% increase, HWH International (HWH) up by 12.12%, and Loop Media (LPTV) rising by 8.8%. On the losing side, MediaCo Holding (MDIA) dropped by 11.4%, Global Mofy Metaverse (GMM) fell by 6.95%, and Fangdd Network Group (DUO) decreased by 5.46%. Other notable mentions are GD Culture Group (GDC), Lytus Technologies Holdings (LYT), Trump Media & Technology (DJT), and DouYu Intl Holdings (DOYU).

Portfolio Pulse from Benzinga Insights

April 22, 2024 | 12:07 pm

In Friday's pre-market session, several Communication Services stocks showed notable movements. Gainers included Asset Entities, TuanChe, Paramount Global, Lytus Technologies Holdings, Onfolio Holdings, and Starbox Group Holdings with increases ranging from 6.08% to 11.8%. Conversely, losers comprised MediaCo Holding, Hanryu Holdings, Global Mofy Metaverse, Baosheng Media Group, Netflix, and Chicken Soup for the Soul, with declines between 4.93% and 9.2%. Netflix's drop was highlighted alongside its Q1 earnings report release.

Portfolio Pulse from Benzinga Insights

April 19, 2024 | 12:08 pm

In Thursday's intraday session, several communication services stocks experienced significant movements. Notable gainers included Pop Culture Gr, Trump Media & Technology, Onfolio Holdings, Haoxi Health Technology, HWH International, and Lytus Technologies Hldgs, with increases ranging from 10.27% to 25.8%. Conversely, Kartoon Studios, 9F, Collective Audience, Chicken Soup for the Soul, Gray Television, and ZW Data Action Tech were among the losers, with declines between 10.59% and 25.0%.

Portfolio Pulse from Benzinga Insights

April 18, 2024 | 4:31 pm

In Friday's after-market session, several Communication Services stocks experienced notable movements. Spok Holdings, TuanChe, Fangdd Network Group, Lytus Technologies Hldgs, Vimeo, and ZoomInfo Technologies were among the gainers, with increases ranging from 1.96% to 3.1%. Conversely, Asset Entities, Able View Global, Mobile Global Esports, MediaCo Holding, Anghami, and Collective Audience saw declines between 3.37% and 7.2%. Asset Entities' drop was highlighted with a reference to its Q4 earnings release three days prior.

Portfolio Pulse from Benzinga Insights

April 05, 2024 | 8:31 pm

Nuvve Holding Corp. shares plummeted by approximately 30% after reporting Q4 financial results significantly below market expectations. Other stocks experienced notable movements, with Vast Renewables and CXApp Inc. leading the gainers, while Eiger BioPharmaceuticals and Andretti Acquisition Corp. were among the biggest losers.

Portfolio Pulse from Avi Kapoor

April 01, 2024 | 6:31 pm

Several Communication Services stocks experienced significant movements in Monday's intraday session. Notable gainers include MediaCo Holding, SPAR Group, Lytus Technologies Holdings, MoneyHero, and System1, with increases ranging from 16.79% to 38.2%. On the losing end, stocks like Chicken Soup for the Soul Entertainment, Loop Media, Able View Global, Gray Television, AMC Entertainment Holdings, and Haoxi Health Technology saw declines between 11.06% and 23.4%.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 4:31 pm

Lytus Technologies Holdings (NYSE:LYT) has seen a significant increase in short interest, with the short percent of float rising 2466.4% to 63.39%. This indicates a bearish market sentiment towards LYT, as more traders are betting on the stock's price to fall. However, an increase in short interest can sometimes be bullish, as covering short positions can drive the stock price up. LYT's short interest is notably higher than its peer group average of 1.32%.

Portfolio Pulse from Benzinga Insights

March 18, 2024 | 5:00 pm

Mesoblast Limited's shares surged by 13.4% after announcing FDA support for an accelerated approval pathway for rexlemestrocel-L. Other stocks also saw significant movements, with Kidpik Corp. leading the gainers with a 238% increase following a reverse stock split announcement. On the losers' side, Jeffs' Brands Ltd dropped by 45.2%. The market movements were influenced by various factors including FDA approvals, strategic plans, financial results expectations, and investment proposals.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 5:41 pm

In Monday's pre-market session, several Communication Services stocks showed notable movements. Fangdd Network Group (DUO) led the gainers with a 71.9% increase, while Lytus Technologies Holdings (LYT) experienced the largest drop among the losers, falling 11.1%. Other notable movers included Society Pass (SOPA), Gamer Pakistan (GPAK), and Bilibili (BILI), which recently reported Q4 earnings. On the downside, Ooma (OOMA) also reported its Q4 earnings recently and saw a 5.04% decrease.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 1:06 pm

Fangdd Network Group Ltd. (NASDAQ:DUO) shares surged 78.3% in pre-market trading after announcing its 2024 strategic plan to enter the real estate stock asset services sector. Other stocks showed significant movement in pre-market trading, with Kidpik Corp. (NASDAQ:PIK) and Auddia Inc. (NASDAQ:AUUD) among the top gainers, while Semilux International Ltd. (NASDAQ:SELX) and Lytus Technologies Holdings PTV. Ltd. (NASDAQ:LYT) led the losers.

Portfolio Pulse from Avi Kapoor

March 11, 2024 | 12:08 pm

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