Sun TV Network Ltd - A good buy

CMP : 455
Target : 700
Time Span : 1 year


Sun TV Network Ltd. offers television channels. The Company operates Tamil and Malayalam language channels in southern India.

Sun TV operates at very high NPM, Zero liability and dominates the media industry in the south. Since it dominates and pretty much a monopoly, it commands high P/E and not much of a concern. Their recent productions have been doing well and is expected to continue along the same lines in future as well. All in all, a very good buy.