Entertainment Network (India) Ltd
ENIL

809.60

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Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

810.00

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
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Accumulate
Reco. Price
Rs 835.95
We recommend ACCUMULATE on the stock due to acquisition of four radio channels and foray into Tier III cities. However, these channels are expected to put pressure on EBITDA margins and will break even only in H2FY18E. The stock is trading at FY18E P/E of 43.4x. (Target Price- Rs.915)
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50 DMA (.)
820.03
100 DMA (.)
795.92
200 DMA (.)
776.95
Weekly Range (.)
805.55
842.00
Monthly Range (.)
792.70
849.00
52 Weeks Range (.)
660.00
905.00
Detailed Chart
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