Den Networks Ltd. share price target and research reports

Name: Latest research reports of Den Networks Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: Den Networks Ltd.
Rating: 5
Author: Chola Wealth Direct

Latest analyst research reports with target prices and PDF download for DEN, BSE:533137 Den Networks Ltd.

Den Networks Ltd.

06 Jun 2013

35.25

1.59%

EARNINGS UPDATE - DEN NETWORKS

Buy: Den Networks Ltd.

Recommendation Target

Chola Wealth Direct

Background: Incorporated in 2007, DEN Networks is a leading Multiple System Operators (MSO) in the Indian TV Distribution Industry, with ~11mn households (digital and analog). DEN has controlling stakes in smaller MSO's and utilizes (Local Cable Operators) LCOs to provide the last mile cable link to reach subscribers. It has also obtained Internet service provider (ISP) license and has plans to roll out broadband internet services in select cities. In 2010, DEN became the first MSO (listed space) to post a positive PAT. DEN Networks has partnered with STAR, ZEE and Turner in MediaPro (DEN Networks holds an effective 25% stake in the JV). MediaPro is India's...

Den Networks Ltd. has gained 10.78% in the last 1 Week

Den Networks Ltd.

02 May 2013

35.25

1.59%

INITIATING COVERAGE - DEN NETWORKS

Neutral: Den Networks Ltd.

Chola Wealth Direct

Background: Incorporated in 2007, DEN Networks is a leading Multiple System Operators (MSO) in the Indian TV Distribution Industry, with ~11mn households (digital and analog). DEN's growth strategy has been to acquire majority interests in smaller MSOs and consolidate its position. DEN has controlling stakes in 84 MSO's and utilizes (Local Cable Operators) LCOs to provide the last mile cable link to reach subscribers. It has also obtained Internet service provider (ISP) license and has plans to roll out broadband internet services in select cities. In 2010, DEN became the first MSO (listed space) to post a positive PAT. DEN Networks has partnered with STAR, ZEE and Turner in MediaPro (DEN Networks holds an effective 25% stake in the...

Den Networks Ltd. is trading below its 100 day SMA of 35.6

Is Den Networks Ltd. worth buying?

262 Votes:

Buy 83.21%

Sell 5.73%

Hold 11.07%