Equity / Stocks - Entertainment Network India Ltd in MARKETS - CMP: 243
Entertainment Network India Limited owns and operates radio stations. Its popularly known by the brand name "Radio Mirchi" ...
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11-29-2011 11:31 AM
Entertainment Network India Ltd
CMP: 243
Entertainment Network India Limited owns and operates radio stations. Its popularly known by the brand name "Radio Mirchi" 98.3 FM.
ENIL is a decent bet in entertainment industry. Its currently trading at a P/E of less than 19. Minimal liability and decent cash & cash equivalents. Revenues have risen steadily from 167 Crores to 280 Crores in the last 5 years. Profits have risen from 29 Crores to 52 Crores in the last 5 years. NPM is currently pretty strong at 18%. Buy and hold for long term gains.
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