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Hold TV Today Network: target of Rs 330: ICICI Direct

ICICI Direct recommended hold rating on TV Today Network with a target price of Rs 330 in its research report dated August 16, 2021.

August 19, 2021 / 12:43 PM IST
 
 
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ICICI Direct's research report on TV Today Network


TV Today Network (TV Today) is a leading news company engaged in broadcasting operations. Part of the India Today Group, the company operates mainly in three segments—digital, television and radio broadcasting.It has maintained its leadership in the Hindi new segment across the last two decades


Outlook


We maintain our HOLD rating We value TV Today at Rs 330 i.e. 10x FY23E EV/EBITDA


For all recommendations report, click here


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first published: Aug 19, 2021 12:43 pm

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