Siti Networks Ltd
SITINET

35.50

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35.25

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Accumulate
Reco. Price
Rs 37.75
We recommend ACCUMULATE on the stock as we expect revenue growth backed by growth in digital subscriber base. The EBITDA margin expansion will aid in turning PAT positive BY FY19E. The stock is trading at P/B of 3.72x on FY18E BVPS. (Target Price- Rs.41)
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50 DMA (.)
37.93
100 DMA (.)
37.82
200 DMA (.)
36.86
Weekly Range (.)
35.25
38.25
Monthly Range (.)
35.25
39.00
52 Weeks Range (.)
28.15
41.45
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