Buy Balaji Telefilms Ltd. target Rs 175.0 : Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has buy call on Balaji Telefilms Ltd. with a target price of Rs 175.0 . The current market price of Balaji Telefilms Ltd. is Rs 156.8 Time period given by analyst is Intra Day when Balaji Telefilms Ltd. price can reach defined target. Shrikant Chouhan recommended to keep stoploss at Rs 155
Balaji Telefilms Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 1592.30 Crore) operating in Service sector.

Balaji Telefilms Ltd. key Products/Revenue Segments include Commissioning & Other Services which contributed Rs 277.87 Crore to Sales Value (97.79 % of Total Sales), Other Operating Revenue which contributed Rs 4.14 Crore to Sales Value (1.45 % of Total Sales), Internet Services which contributed Rs 1.91 Crore to Sales Value (0.67 % of Total Sales) and Service Income which contributed Rs .21 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.

For the quarter ended 30-09-2017, the company has reported a Consolidated sales of Rs 109.78 Crore, down -24.10 % from last quarter Sales of Rs 144.65 Crore and up 4.35 % from last year same quarter Sales of Rs 105.21 Crore Company has reported net profit after tax of Rs -13.85 Crore in latest quarter. The company’s top management includes Mr.Anshuman Thakur, Mr.Arun Kumar Purwar, Mr.Ashutosh Khanna, Mr.D G Rajan, Mr.D K Vasal, Mr.Jeetendra Kapoor, Mr.Jyotindra Thacker, Mr.Pradeep Kumar Sarda, Mr.Tusshar Kapoor, Mr.V B Dalal, Mrs.Shobha Kapoor, Ms.Ekta Kapoor. Company has Price Waterhouse LLP as its auditoRs As on 30-09-2017, the company has a total of 101,130,443 shares outstanding.