Sunday, December 13, 2020

NETWORK18 | Stock to Buy | Potential Price Outlook

 

Network 18 Media & Investments Ltd

Stock/Share Price: 36


➽ In this article we will discuss recent development in the StockShare of NETWORK18 in the Stock Market

Network 18 Media & Investments Ltd is a private limited company,leading full play media conglomerates with presence in television,print,internet,filmed entertainment, and mobile content and allied businesses.Its products and services include Films business,Sale of CDs / DVDs Sale of Film Right,Sale of Stalls at Exhibitions, Wireless Short Messaging Services, Advertisement Film Distribution, Sale of Magazine. .The company also engaged in the business of Web Operations, Publishing Business, Events & Sports Management.

Key  Summary


Growth in Net Profit with increasing Profit Margin (QoQ)

Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Company with Zero Promoter Pledge

Recent Results : Growth in Operating Profit with increase in operating margins (YoY)



Technical Chart & Price Outlook



Long position can be made for the potential upside level of  40.85- 44.45 in the short to mid term price . But still stock is not good for long term as fundamentals are not supporting  and company is debt ridden . So take position for  short to mid term only.



Recent Valuation Summary

Valuation is not comfortable , so stock should be not considered as a portfolio stock. Trade - Take - Exit  policy should be adopted .


Recent Financial Summary




NETWORK18 both sales and net profit improved significantly from the previous quarter . 

ITC | Stock To Buy | Price Outlook


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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