Recommendation: Buy; Target Price: Rs 5150
Recall that in 2019, the company had proposed a proportionate tender offer route buyback of up to 6.10 crore shares from its equity shareholder.
Company could post strongest performance among peers.
Good performance likely on the cards.
The net profit for Q1FY24 reached Rs 313 crore
The alliance will also prioritize reducing e-waste as an impact area.
Robust expansion expected in margins.
OMCs are expected to report profit during the quarter.
Film producer and distributor Eros International Media also owns the well-known OTT streaming service Eros Now.
Recommendation: Add; Target Price: Rs 1260
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