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)|
|Earning per share||10.31||2.05||1.77|
to share holders
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.