SP Tulsian, sptulsian.com is positive on Network 18 and TV18.
Tulsian told CNBC-TV18, “After the rights issue in both Network 18 and TV18 of Rs 2700 crore each and if you really see two things have really been bothering the stocks because Network 18 is the holding company and they have other channels also, but if I take a call on TV18, the interest burden and the carriage fee and that will substantially bring down and the kind of digitisation move which we have been seeing happening, four metros are already over, now we will be having 36-38 cities coming by March 2013.”
He further added, “Overall very positive move and if you take a call on this group all the channels are really doing very well. They have the mix of news, business channel, entertainment and films division; in fact all of them are doing quite well, so, keeping a positive view on both the stocks TV18 as well as Network 18.”
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