"Several financial and strategic investors have expressed strong interest to partner with ALTBalaji and the management is actively considering the options available and has appointed Axis Capital as bankers for the investments," Balaji Telefilms said in a BSE filing.
Plan to invest Rs 100-125 crore per year in ALT Balaji and expect revenues of Rs 60-70 crore from that in FY18, said Sameer Nair, Group CEO, Balaji Telefilms.
Mitessh Thakkar of miteshthacker.com suggests buying Bharti Airtel and Tata Consultancy Services and feels that Balaji Telefilms may hit Rs 145.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy Marico while Cadila Healthcare can head towards Rs 520.
It was mid-2015 and Dalal Street’s two stalwarts Vallabh Bhanshali (through Talma Chemical, a group company) of ENAM and Radhakishan Damani, promoter of D-Mart, bought into Balaji Telefilms at around Rs 80 a share. Other notable investors whose names figured in the list of shareholders included Rahul Saraogi of Atyant Capital, an offshore investment firm focusing on value investing opportunities in India.
Payment options provided through PayU Biz are Credit Card, Debit Card, Net Banking, Itz Cash, Yes Pay, Ypay, PayU Money wallet and UPI.
"Convenient digital payments over mobile are an integral part of India's growing digital ecosystem and we are delighted to partner ALTBalaji to offer customers the convenience of making quick and secure cashless payments through Airtel Payments Bank," Airtel Payments Bank MD and CEO Shashi Arora said.
In an interview to CNBC-TV18, Ekta Kapoor and Sameer Nair of Balaji Telefilms spoke about ALTBalaji's digital launch and how they plan to fight it out, survive and grow in the digital space.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- Bharti Airtel, Bharti Infratel, Dishman Pharma, Technofab Engineering, Balaji Telefilms and Dilip Buildcon.
Sameer Nair, Group CEO of Balaji Telefilms spoke about technical trials that are currently underway for its app - ALT and TV business that is coming up.
In 2016, new players such as Amazon Prime Video and Netflix emerged in India's OTT video space, besides Spuul, TVF Play and Voot. A report by Edelweiss predicts that the phenomenon of â€˜cord cutting‘ by TV users as very visible in the US, will not occur in India.
Sharmila Joshi of sharmilajoshi.com is of the view that one may prefer TV18 Broadcast and Zee Entertainment.
Rajat Bose of rajatkbose.com feels thatBalaji Telefilms may test Rs 88-91.5
Prakash Gaba of prakashgaba.com is of the view that one may remain invested in Balaji Telefilms.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Balaji Telefilms, Indo Count, Uflex, Hero Motocorp and Sagar Cements.
peaking to CNBC-TV18 Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin. He is hoping to have 10 shows on air by FY17 end. TV business gross margin is likely to be up 25 percent by this fiscal year, he believes.
SBI | Videocon Industries | Jagran Prakashan | Talwalkars | Vardhman Textiles | GMR | Piramal Enterprises | IDFC | Adani Power | RS Software and Suven Life are stocks, which are in the news today.
Mahindra and Mahindra | Sterlite Tech | Sunil Hitech Engineers | Hindustan Everest | Cipla | IndusInd Bank | Titan | Sagar Cements | Reliance Industries | Tuticorin Alkali | Grasim | Polyplex Corporration | Amba Enterprises | Aarti Drugs | Balaji Telefilms | Gail and KEC International are stock, which are in news today.
Shares of Balaji Telefilms climbed more than 14 percent intraday Wednesday after the board's approval for demerger of film production business of BMPL and merger of Bolt with the company.
In an interview with CNBC-TV18, Sanjay Dwivedi, Group CFO of company said all the content production will move under Balaji Telefilms after it merges its film production business with self.
In an interview to CNBC-TV18's Latha Venkatesh and Anuj Singhal, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Here are a few stocks picked up by CNBC-TV18's analysts to focus today - stocks expected to gain are IGL, Vivimed Labs, Balaji Telefilms, ARSS infra, Motherson Sumi, Aurobindo Pharma, MPhasis and Tata Global Beverages while stocks expected to be under pressure are REC, Manpasand Beverages, Ahluwalia Contracts and Bajaj Finserv.
M&M | Lupin | Torrent Pharma | Cadila | Ahluwalia Contracts | RBL Bank | Jindal Stainless | Dalmia Bharat | Cenlub Industries | ARSS Infra | Maithan Alloys | Balaji Telefilms and Manpasand Beverages are stocks, which are in the news today.
With a spate of new television shows lined up for launch, Balaji Telefilms‘ performance is set to exceed all expectations in FY17, says CEO Samir Nair. He expects double-digit growth in the television business for the full year.
Balaji Telefilms expects its upcoming over-the-top subscriber video on-demand platform 'ALT Digital' to contribute more to the revenues than TV and movie business by 2025.