We maintain our BUY rating on DB Corp with a target price of Rs445 as we value the company based on our conservative Adj. OCF based methodology. We believe the ad growth has bottomed out and expect an uptick in H2FY18 as key sectors begin to advertise. Real Estate is expected to bounce back as RERA has been notified in most of the key states. Further management strategy on increase circulation would pay dividends and help in ad growth in medium term coupled with strengthening market share. Stable newsprint cost and prudent cost...