Shemaroo Entertainment Ltd
SHEMAROO

372.90

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371.50

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Buy
Reco. Price
Rs 408.00
We recommend BUY as we expect revenue to grow by 17% in FY17E due to high growth in new media segment. Additionally, constant acquisition of content, innovation and 4G roll-out will drive topline. The stock is trading at 2017E P/E of 18.6x. (Target Price-Rs.474)
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50 DMA (.)
406.70
100 DMA (.)
389.89
200 DMA (.)
357.17
Weekly Range (.)
371.00
386.00
Monthly Range (.)
371.00
430.00
52 Weeks Range (.)
265.70
439.90
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