Gaurang Shah of Geojit BNP Paribas Financial Services told CNBC-TV18, "I will not be able to comment on company specific because Balaji Telefilms is not under our coverage but the developments that have happened in the recent times, definitely just sends in a little bit of concern for investors both, big and small. My sense is that this space is actually overcrowded and there is a lot of competition from the unorganised names which exist in the sector. If you ask me, with a one year or a two year plus time horizon, you are better off investing in Zee Entertainment or Sun TV.""On Sun TV earlier we had a negative stance, but post the clarification that has come through, we have turned our coverage to positive and we believe that there could be incremental wealth created if you have one or two year time horizon compared to something like a Balaji Tele. So, my advice would be that if you want to, you can definitely switch on to Zee Entertainment or Sun TV," he added.
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