Buy TV18 Broadcast, target Rs 74: Gaurav Bissa

Gaurav Bissa of LKP Securities has a buy call on TV18 Broadcast with a target price of Rs 74.

The current market price of TV18 Broadcast is Rs 70.10.

Time period given by the analyst is 'Intra Day' when TV18 Broadcast price can reach defined target.


Gaurav Bissa recommended keeping a stop loss at Rs 68.50.

TV18 Broadcast, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 12,017.66 Crore) operating in Service sector.

The company’s top management includes Mr.Adil Zainulbhai, Mr.Dhruv Kaji, Mr.P M S Prasad, Mr.Rajiv Krishan Luthra, Ms.Nirupma Rao.

The company has Deloitte Haskins & Sells LLP as its auditors.

As on 31-12-2017, the company has a total of 1,714,360,160 shares outstanding.