Short term/Long Term Recommendation   — Tv Today Networks Ltd
CMP—245  Result Date – 12-May-2015
TV today with its channel Aaj Tak has been able to maintain its position in hindi news segment for a long time. Ad revenues are growing at 16% CGAR.
Company had posted a net profit of Rs 20.64 crore in the third  quarter ended December 2014 & better result is expected in Q4 as well.
Below we can see the Financial summary of last two years:
Description 2014(in million) 2013(in million) 2012(in million)
Sales Turnover 3894 3126 3084
Net Profit 613 122 105
Earning per share 10.31 2.05 1.77
Dividend payed
to share holders
20% 15% 15%
In view of good results stock is expected to surge by 5 to 6% on or before 12th of May. Who are interested in making quick bucks can invest in this stock however this is a risk.
Considering the past growth we can consider this as a fundamentally good stock and can be considered for a long term.
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