T.V. Today Network Ltd
TVTODAY

293.80

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292.60

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Accumulate
Reco. Price
Rs 316.80

Last updated on 23-Nov-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 14.6x in FY17E. (Target Price - Rs.345)
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50 DMA (.)
321.40
100 DMA (.)
310.02
200 DMA (.)
308.46
Weekly Range (.)
303.15
319.85
Monthly Range (.)
285.00
360.00
52 Weeks Range (.)
262.00
360.00
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