ICICI Securities Limited
Broadcasting revenue growth of only 1.5% YoY was reflective of lack of events and an overall muted ad environment. Going ahead, the management has indicated that October has started well on account of festivities but remain sceptical of overall growth given the macroeconomic challenges. We bake in ~7% broadcasting revenues growth in H2FY20 and ~10% growth in FY21E to | 754 crore. Monetisation across digital platform remains robust. The company expects the growth momentum to be robust over the next couple of year on a low revenue base. We bake in ~22% CAGR...
TV Today Network Ltd. has lost -27.57% in the last 6 Months
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