124.8300 -5.33 (-4.09%)
NSE Mar 28, 2025 15:31 PM
Volume: 54,141
 

HDFC Securities
Reiterate BUY with a TP of Rs 736 at 25x Sept-20E FCFE/share. ENIL reported a muted 2QFY19 performance largely on account of an incomparable base, as bulk of the revenues arising out of festive season are likely to be captured in 3QFY19. Revenue/EBITDA de-grew by 2.6/3.7% YoY to Rs 1.21bn/273mn while PAT growth of ~49% is explained by the lower tax rate (31% vs 55% in 2QFY18) and a higher other income (up ~52% YoY).
Entertainment Network (India) Ltd. has lost -43.38% in the last 6 Months
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