Buy Saregama India Ltd. target Rs 800.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has buy call on Saregama India Ltd. with a target price of Rs 800. The current market price of Saregama India Ltd. is Rs 759.45. Time period given by analyst is week when Saregama India Ltd. price can reach defined target.
Dr CK Narayan recommended to keep stoploss at Rs 745

Saregama India Ltd., incorporated in the year 1946, is a Small Cap company (having a market cap of Rs 1276.01 Crore) operating in Service sector.

Saregama India Ltd. key Products/Revenue Segments include Licence Fees which contributed Rs 134.69 Crore to Sales Value (64.70 % of Total Sales), Films/TV Serials which contributed Rs 66.92 Crore to Sales Value (32.15 % of Total Sales), Music Card which contributed Rs 5.38 Crore to Sales Value (2.58 % of Total Sales), Audio Cassettes/Compact Discs which contributed Rs .41 Crore to Sales Value (0.19 % of Total Sales), Other Operating Revenue which contributed Rs .22 Crore to Sales Value (0.10 % of Total Sales), DVD which contributed Rs .19 Crore to Sales Value (0.09 % of Total Sales), Sale of services which contributed Rs .17 Crore to Sales Value (0.08 % of Total Sales) and Others which contributed Rs .17 Crore to Sales Value (0.07 % of Total Sales)for the year ending 31-Mar-2017.