Hold TV Today Network; target of Rs 300: ICICI Direct

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

live

• bselive
• nselive

Volume

Todays L/H

More

×

ICICI Direct's research report on TV Today Network

TV Today Network (TV Today) is a leading news company engaged in broadcasting operations. Part of the India Today Group, the company operates mainly in three segments — digital, television and radio broadcasting. • It has consistently maintained its leadership in the Hindi new segment across the last two decades.

Outlook

We maintain HOLD as the ad spend outlook remains challenging in near term. Soft ad momentum will also translate into margin softness, in our view. We value TV Today at Rs 300 i.e. 10x FY25E P/E.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

TV Today Network - 06 -02 - 2023 - ic