Network 18 Media & Investments Ltd
NETWORK18

36.50

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36.65

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Rs 37.50

Last updated on 02-Dec-2016

We recommend REDUCE on the stock as we expect company to continue to report losses. This is due to high operating expense and stiff competition dragging its earning. Company looks overvalued at 2017E EV/EBITDA of 31.8x. (Target price-Rs.35.5)
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50 DMA (.)
41.26
100 DMA (.)
41.90
200 DMA (.)
42.09
Weekly Range (.)
36.25
38.40
Monthly Range (.)
35.75
41.80
52 Weeks Range (.)
35.75
64.00
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