Buy IBN18 BroadCast Ltd @ INR 110.25 with the target of INR 165
Today's recommended stock is IBN18 Broadcast Limited Formerly known as Global Broadcast News Ltd.
The Company is in the business of broadcasting, telecasting, relaying and transmitting general news programmes, and operates the news channel CNN IBN (consequent to a licensing and content sharing agreement with Turner Broadcasting System Asia Pacific, Inc.). The principal operations of the Company are in media and entertainment industry, and to explore business opportunities in the media and entertainment industry. IBN18 Broadcast Limited has acquired 100% equity stake in RVT Media Private Limited to make it a wholly owned subsidiary of the Company with effect from January 1, 2008. In July 2009, the Company announced that it is a 50% shareholder in Viacom18 Media Private Limited following the acquisition of Television Eighteen India Limited's 15.47% remaining stake in Viacom18.
| Sr No | Scripts | Recommended Rate (INR) | Target Rate (INR) |
|---|---|---|---|
| 1 | IBN18 Broadcast Ltd | 110.25 | 165 |
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4 comments:
hi,,,, thanks for suggestions but what about indiabulls..? i have that at 197
Thanks for the comment. You may want to keep holding Indiabulls for sometime. It should soon reach to 250-270.
There have several hopes ad choicer for them to take.In this thy can find many pints to cheek that out.They are also going o add as many more they can .
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