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Buy TV18 Broadcast, target Rs 65: Kunal Bothra

Buy TV18 Broadcast Ltd. at a price target of Rs 65.0 and a stop loss at Rs 57 from entry point.

Last Updated: Dec 21, 2017, 08.55 AM IST
Independent analyst Kunal Bothra has a buy call on TV18 Broadcast with a target price of Rs 65.

The current market price of TV18 Broadcast is Rs 59.05.

Time period given by the analyst is intraday when TV18 Broadcast price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 57.

TV18 Broadcast, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10,123.30 Crore) operating in Service sector.

The company’s top management includes Mr.Adil Zainulbhai, Mr.Dhruv Kaji, Mr.K R Raja, Mr.Rajiv Krishan Luthra, Ms.Nirupma Rao.

Company has Deloitte Haskins & Sells LLP as its auditors.

As on 30-09-2017, the company has a total of 1,714,360,160 shares outstanding.

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