T.V. Today Network Ltd
TVTODAY

269.70

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270.00

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Accumulate
Reco. Price
Rs 284.35

Last updated on 06-Jan-2017

We recommend ACCUMULATE on the stock as we expect revenue to grow by 15% in FY17E. This will be driven by ad rate hike, expansion in rural area and better brand positioning. Stock is trading at a P/E of 13.1x in FY17E. (Target Price - Rs.309)
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50 DMA (.)
289.41
100 DMA (.)
303.18
200 DMA (.)
303.70
Weekly Range (.)
260.55
276.15
Monthly Range (.)
249.10
293.75
52 Weeks Range (.)
249.10
360.00
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