Buy TV Today Network; target of Rs 343: Globe Capital Market
Globe Capital Market recommended hold rating on TV Today Network with a target price of Rs 343 in its research report dated August 07, 2020.
August 09, 2020 / 09:02 AM IST
Globe Capital Market's report on TV Today Network
TV Today Network is a part of India today group. The Company operates mainly in 3 segments: Digital, Television and Broadcasting. It operates four news channel: Aaj tak, Aaj tak HD, India Today and Tez. TV Today Network is one of India's leading Hindi-English news television networks. The company is headed by Mr. Aroon purie as chairman and whole time director and Ms. Kalli purie as vice chairman and MD. As on March 31, 2020, the Company has 3 (three) subsidiary companies namely, T.V. Today Network (Business) Limited, Mail Today Newspapers Private Limited and Vibgyor Broadcasting Private Limited.
Considering fundamental, we recommended a ‘BUY’ in TV Today Network Ltd at current level for the target price of Rs.343.
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