Target price Rs236 CMP Rs239.50 Restructuring, a win-win deal Read the full post
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Archive for October, 2009
Buy Zee News Ltd.
Target price Rs60 CM Price Rs53.60 Huge value unlocking Zee News (ZNL) is to undergo restructuring with its regional general entertainment channels (R-GEC) being transferred to Zee Entertainment Enterprises (ZEEL) in lieu of ZEEL’s shares. While ZNL has a strong franchise in the R-GEC space in Marathi, Bengali, Telugu and Kannada markets, the company...