mumbai after election results in tamil nadu showed a comeback for aiadmk under the incumbent chief minister j jayalalithaa the stock price of sun tv networks which is controlled by the states opposition party dmk closed sharply lower on thursday on the bse after dipping to an intraday low at rs 369 sun tv closed 133 lower at rs 371 following the exit polls on tuesday which had indicated dmk may come back to power the stock had jumped nearly 10 an analyst with a leading brokerage who tracks the sun tv scrip had earlier told toi that distribution of tv channels requires a certain amount of political connection as lastmile issues can impact that business a dmk win could have also helped the company reactivate their movie distribution business in the state kalanithi maran the grandnephew of dmk chief m karunanidhi is the executive chairman of the sun tv board stocks of several top chennaibased companies also showed a weak trend in thursdays market that saw the sensex close over 1 down mrf apollo hospital and tvs motor all closed lower these companies however do not have political connections as strong as sun tvs