You must be knowing that company has been taken over by Mr.Mukesh
Ambani. The Debt ratio is not favorable currently as company had before
take over issued public fixed deposits at high rates which are not
being renewed and nor new deposits being accepted. This will eventually reduce the
burden of finance charges and in turn improve profitability.
Further the company has huge network of media news and entertainment channels likes of colors, cnbc tv 18, money control.com as well as online shoppining portals like home shop 18 which have robust viewer base. The value of the shares is extremely undervalued that wise compared to companies like just dial which are currently valued above Rs.1000 per share and Zee at Rs.300 per share
The only hickup of finance charges will go away and the company will be a mutlibagger company. Hence our valuations for the company is Rs.200 per share in short term to Rs.590 for long term.
burden of finance charges and in turn improve profitability.
Further the company has huge network of media news and entertainment channels likes of colors, cnbc tv 18, money control.com as well as online shoppining portals like home shop 18 which have robust viewer base. The value of the shares is extremely undervalued that wise compared to companies like just dial which are currently valued above Rs.1000 per share and Zee at Rs.300 per share
The only hickup of finance charges will go away and the company will be a mutlibagger company. Hence our valuations for the company is Rs.200 per share in short term to Rs.590 for long term.
