T.V. Today Network Ltd
TVTODAY

297.25

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296.90

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Accumulate
Reco. Price
Rs 303.60

Last updated on 28-Sep-2016

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 17.4x in FY17E. (Target Price - Rs.330)
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50 DMA (.)
300.66
100 DMA (.)
301.81
200 DMA (.)
304.16
Weekly Range (.)
301.20
319.40
Monthly Range (.)
294.00
327.00
52 Weeks Range (.)
229.80
350.00
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