ZEE falls 3% post Q3 results, but analysts say valuations compelling
A couple of brokerages still believe the stock can be a good buy call, given its cheap valuations.
'BUY' or 'SELL' ideas from experts for Wednesday, 22 January, 2020
Tata Motors is a 'Sell' call with a target price of Rs 183 and a stop loss of Rs 194.
Bombay High Court to hear broadcasters’ case against Trai today
Indian Broadcasting Foundation (IBF), Star and Disney India, Zee Entertainment Enterprises, Sony Pictures Networks India, and TV18 and Viacom18 have called the NTO “arbitrary and unreasonable” in their pleas.
Growth slowdown hits Zee’s Q3 profit: Key takeaways
Total revenue dropped 5.5 per cent to Rs 2,048.7 crore, while advertising revenue dropped 15.8 per cent to Rs 1,230.8 crore.
Share market update: Auto shares in the green; TVS Motor up 2%
The Nifty Auto index was trading 0.37 per cent up at 8427.25 .
Vu grows television sales in India in FY20, open to selling stake
Vu has also exited the basic television range in India. However, Saraf said by value the company will either hold onto its 2018-19 revenue of Rs 1,000 crore or may report slight grow since television prices have dropped last year across the range due to drop in global panel prices.
Zee Q3 results preview: Profit seen falling 18-21%
ICICI Securities expects Ebitda margins to decline 500 bps to 29.8 per cent.
Buy TVS Motor, price target Rs 500: Jayesh Bhanushali
The analyst suggested a stoploss at Rs 470.
Share market update: Media shares decline; ZEEL slips over 3%
The Nifty Media index was trading 1.46 per cent down at 1842.75.
MFs first to spot these 15 value bets after up to 50% drop in one year
Most of the MFs increased stakes in these stocks by at least 100 basis points quarter on quarter.
Share market update: Auto shares in the red; Apollo Tyres down 2%
The Nifty Auto index was trading 0.06 per cent down at 8422.30.
Government eyes curbs on toys, TV set imports
Sources said there have been suggestions to restrict toy imports, for which several steps such as a quality control order as well as stringent standards have been worked out. Similarly, there have been issues with white goods, especially TV sets, with several domestic players, too, relying on cheap imports from China and Southeast Asian countries.
TV18 Broadcast Q3 net profit up 40 pc at Rs 205 cr
Shares of TV18 Broadcast Ltd were trading at Rs 27.20 per scrip on BSE
TV broadcasters move HC against TRAI's new tariff order
The TRAI had in December 2019 issued new tariff rules by which prices of the Network Capacity Fee (NCF) were lowered, benefiting consumers.
Share market update: Media shares up; Sun TV gains over 3%
The Nifty Media index was trading 0.81 per cent up at 1851.85 .
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