HomeNewsBusinessStocksBuy Sun TV Network: Sudip Bandopadhyay

Buy Sun TV Network: Sudip Bandopadhyay

Sudip Bandopadhyay of Destimoney Securities is of the view that one can buy Sun TV Network even at the current level.

July 29, 2015 / 16:50 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudip Bandopadhyay of Destimoney Securities told CNBC-TV18, "I maintained the view that Sun TV Network was beaten down unnecessarily. Yes, there was this confusion but it was clear that no court will let that kind of action which was being contemplated by the Home Ministry to go through. So, obviously, the businesses cannot be shut down. So, the selling which was happening on the presumption that their businesses and things like that will be shut down and their approvals will be revoked are a little too premature.""Obviously, there will be a correction and that correction is happening. Fundamentally saying, there is still some steam left in Sun TV. Investors can buy into the stock even at current level," he said.

first published: Jul 29, 2015 04:50 pm

Discover 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!