Shah`s view on NDTV

Published on Wed, Sep 21, 2011 at 17:46 |  Source : CNBC-TV18

Updated at Wed, Sep 21, 2011 at 20:31  

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Rajen Shah, CIO, Angel Broking

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Rajen Shah, CIO, Angel Broking shares his view on NDTV .

Shah told CNBC-TV18, "Very interesting opportunity in this space is NDTV. At a market cap of Rs 380 crore it looks pretty interesting. Infact once the FDI in media is also hiked up these all companies which are at dirt cheap valuations and the quality of management and all that NDTV at about Rs 59, market cap of Rs 380 crore could easily double. It already moved down 50% over the past 1 year."

He further added, "I think decent upside; you cannot go wrong in such stocks. You just need to buy the stocks and be patient and you are sure to end up making money."

  

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