Not too enthusiastic about media stocks: Amit Khurana

Amit Khurana, Director Research, Dolat Capital in an interview with ET Now talks about media stocks.

What is your call on media stocks like ENIL, Reliance broadcast for example?

They would tend to be long term stories but it takes time to make money on these sectors. It takes time to get through all the regulatory issues over so I am not too very enthused about these sectors in particular. They take a lot of capital investments, it takes time to build up brands and then to make decent returns on capital, it is a long time so I am not too enthused by these sectors.