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Buy Zee, Entertainment Network: Sudip Bandyopadhyay

Sudip Bandyopadhyay of Destimoney Securities is of the view that one may buy Entertainment Network India and Zee Entertainment with one year plus time horizon.

July 22, 2015 / 16:12 IST
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Sudip Bandyopadhyay of Destimoney Securities told CNBC-TV18, "After a longtime we are seeing lot of excitement in media space. The digitisation of the entire media was expected to bring lots of benefits including gain in revenue and I think eventually after a long waiting period that is playing out as it was expected to play out. Finally one is seeing the revenues kicking in from the digital side. It is a good sign. There are lots of interesting content which most of the media companies are putting out and the last six months have seen lot of interesting shows getting launched, lot of interesting happening on the media space, so we suppose it is a time of course lot of other things need to fall in place.""There are environmental issues still bugging the industry. However, finally it is hitting a good patch and we can with some confidence say media industry is poised for a quantum jump even from here but you have to be patient it is not going to happen overnight. If you have a one year plus time horizon Zee Entertainment and Entertainment Network India can be bought in to," he added.

first published: Jul 22, 2015 04:11 pm

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