Saturday 13 November 2021

TV Today Network

Reasons for buying:

Buy PE was reasonable at 11.41 and below 10 years PE median of 16.02.

Earnings have increased since 2012.

Return on equity is ok at 14.12%.

The market cap of the company is ₹2,074.08cr.

Debt-free company with ₹260.46cr in cash.

Buy date: 29-Oct-2021

Qty: 33 Buy Price: ₹298.5 Buy EPS: 26.16 Buy PE: 11.41

The price of the stock is up about 17.05% from my buy price.

The company is engaged in Television programming and broadcasting activities.

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