Stocks To Watch, Jan 15: Stocks like Benares Hotels, Network18 Media and Investments,Hathway Cable & Datacom, Jammu & Kashmir Bank, Adani Green Energy, Jaiprakash Associates, Allcargo Gati, Innova Captab, Escorts Kubota, McNally Bharat Engineering, and Vedanta will be in focus on January 15.
L&T Finance, Network18 Media and Investments, TV18 Broadcast, Alok Industries, and KEC International will also be in focus on Thursday.
Moneycontrol saw a record number of total users on both the web and app platforms on the Budget Day. The app witnessed 3 million plus unique visitors and the website got around 10 million unique visitors
The macro environment was challenging with advertising demand lower, compared to the strong festival season demand seen a year ago. TV impressions were down 5 percent from a year ago, and digital too faced headwinds as brands pulled back on performance marketing spend.
The fact that subscription revenues have gone up shows that the new tariff order has been beneficial to the broadcasters, Rahul Joshi, MD of Network18 Media & Investments and TV18 Broadcast said in an interview to CNBC-TV18 on the quarterly earnings.
Network18 Media and Investments is on track to raise Rs 500 crore through sale of non-core assets by end of next financial year, Sarbvir Singh, Head, Investments said in an interview to CNBC-TV18.