Shemaroo Entertainment Ltd has significantly underperformed the benchmark Nifty 50 index over the last 5 years. Shemaroo stock has lost 71.82 percent of its value over the last 5 years. Whereas, the benchmark Nifty50 index has given a return of 68.77 percent over the same duration.
The slots secured are for Shemaroo Umang and a new channel called Shemaroo Ashirwad. With the new channels, Shemaroo will have four FTA channels in its bouquet.
Shemaroo's EBITDA margins have been consistently narrowing as the company focuses on building revenue growth via investment in content and by adding broadcasting channels.
The focus on diversifying revenue streams should stand in good stead for Shemaroo’s growth trajectory. But investors need to wait as the valuation offers no meaningful upside
Shemaroo has three FTA channels, two of which are expected to break even this year. The third, Shemaroo Umang, has started monetising from July onwards
Shemaroo Entertainment continues to invest in its two FTA channels (Shemaroo TV & Marathi Bana), along with its OTT offering Shemaroo Me
Shemaroo's strategy to generate revenue through multiple models helped it weather the tough macro environment
Arihant Capital recommended accumulate rating on Shemaroo with a target price of Rs 421 in its research report dated May 16, 2019.
If train journeys were boring for you, Indian Railways will spice it up. It is planning to offer TV shows, movies and songs for the entertainment of its passengers, reports Business Standard.
With Sharda Cropchem, Shemaroo (September 16) and Monte Carlo too expected during the month, September alone will see three IPOs. If all these three issues go through, it would become the best months for initial offers since December 2012.