New Delhi, May 4 -- Shares of Sun TV Network crashed 9.5% to the day's low of Rs.547.55 apiece after the early trends for Tamil Nadu election results signalled that Vijay Thalapathy's Tamilaga Vettri Kazhagam (TVK) could emerge as the single largest party, defeating the incumbent Dravida Munnetra Kazhagam (DMK).

Sun TV Network shares hit the day's low of Rs.547.55 on the BSE as against its last closing price of Rs.605, down 9.49%.

Sun TV, part of the Sun Group, is led by Indian billionaire media proprietor Kalanithi Maran - who is closely related to DMK leaders. Maran is the grandnephew of DMK president M Karunanidhi and nephew of the current chief minister MK Stalin.

Chief Minister Stalin himself trailed behind TVK's little-known VS B...