Sandesh Ltd. News and Updates

Name: Latest research reports of Sandesh Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Sandesh Ltd.
Rating: 1
Author: ICICI Securities Limited

Keep track of all breaking news on Sandesh Ltd. from all sources in a single place.

Sandesh Ltd.

20 Nov 2019

1160.10

-0.91%

Sandesh Ltd

Sell: Sandesh Ltd.

ICICI Securities Limited

Sandesh has witnessed a muted print segment in the last year and a half. While FY20 print revenues declined 1%, the H1FY20 overall revenues declined ~17%. We also highlight that print, as a segment, has witnessed challenging times with weak ad growth. During FY19, key players like DB Corp and Jagran Prakashan reported print revenues (ad + subscription) growth of 6% and 1%, respectively, which for H1FY20 has been a decline of ~6% and 3%, respectively. The segment is likely to continue its declining trend at least in the medium term with key categories like government and...

Sandesh Ltd. has lost -28.90% in the last 1 Year

Sandesh Ltd.

29 May 2019

1160.10

-0.91%

Publication firm Sandesh jumps on upbeat quarterly results

Business Line

Shares of publication firm Sandesh Ltd rose 8.45 per cent to 784.95, highest since April 2. The provider of multiple digital platforms for advertisem

Sandesh Ltd. has lost -28.90% in the last 1 Year

Sandesh Ltd.

22 Dec 2017

1160.10

-0.91%

Sandesh Ltd

Buy: Sandesh Ltd.

Target

ICICI Securities Limited

We had come out with an I-direct Instinct on Sandesh in March, 2017. We reiterate that our upside thesis was based on Gujarat state elections given the company's presence in the state. Moreover, we note that despite the recent run-up, the company is available at attractive valuations of 10x...