Equity / Stocks - New Delhi Television Ltd - Wild Bet in MARKETS - CMP: 70
New Delhi Television Ltd. produces and broadcasts news and current affairs programs. The Company broadcasts its programs in ...
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02-08-2013 09:49 AM
New Delhi Television Ltd - Wild Bet
CMP: 70
New Delhi Television Ltd. produces and broadcasts news and current affairs programs. The Company broadcasts its programs in English as well as Hindi.
NDTV has been in losses in the last 5 years. This quarter has posted net profit of 15 Crores. It runs at a debt of 205 Crores with 70 Crores cash in hand. It has been in losses in the last 5 years. Even the last 4 quarters have been in losses. This quarter has posted gains out of the blue. This will boost the share prices in the short term. Coming quarters will need to be watched closely. This is a traders bet and investors should stay away.
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