H T Media Ltd
HTMEDIA

81.60

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81.50

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Reduce
Reco. Price
Rs 83.40
We recommend REDUCE as we expect topline to grow by 5% in FY18E aided by increase in revenue from radio segment and digital media growth. Additionally, tax benefit from amortization will also have positive impact on bottom line. The stock is trading at P/E of at7.3x FY18E(Target Price-76.25)
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50 DMA (.)
82.13
100 DMA (.)
78.50
200 DMA (.)
80.23
Weekly Range (.)
80.80
84.60
Monthly Range (.)
80.80
86.80
52 Weeks Range (.)
68.90
96.50
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