SP Tulsian of sptulsian.com spoke about two multibagger ideas for the day. He also gave his readings and outlook for the market.
On Eros International Media I am impressed with the kind of results the company has posted. I am not going by their quarterly results though the Q4 also has seen to be quite good. Especially so, considering the World Cup and the IPL season that we have passed through. Though IPL did not happen in that time, the world cup very much took away the viewership of the film industry. On a consolidated basis for the whole year (FY11) they have posted a top-line of Rs 707 crore and a PAT margin of close to about 17%. If I take on their fully diluted equity of Rs 91 crore, they posted an EPS of about Rs 13. Going forward, if we take a call on the company they have about 6 releases lined up in this calendar year upto December. Shah Rukh Khan's Ra.One is also one of them. I do not see any obstacles at least for the next 6 months for the film industry and there will be good viewership. You donDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
