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About TV18 Broadcast Limited
๏ƒ˜ TV18 Broadcast Limited (TV18) is an India-based company engaged in the business of
broadcasting; telecasting, relaying and transmitting general news programs and operates the news
channels CNN IBN. The Company operates news television channels, such as CNBC-TV18, CNN-IBN,
IBN7, CNBC Awaaz, CNBC Bajar and CNBC-TV18 Prime HD.
๏ƒ˜ It also operates entertainment television channels, such as Colors, Colors HD, MTV India, Vh1,
Nick, HistoryTV18, ETV News and ETV entertainment including ETV Marathi, ETV Kannada and ETV
Bangla. It also operates Viacom18 Motion Pictures which is engaged in film production and
distribution.
๏ƒ˜ TV18 Media Pvt. Limited is a 50/50 joint venture operation in India between NBC Universal and
the Network18 Group based in Mumbai TV18 owns and operates various channels of the NBC
Universal group for the Indian viewers.
๏ฑ Technical Outlook
๏ƒ˜ On Daily Chart, recently stock has given positive breakout of its Diamond Bottom pattern with
spurt in volume which is typically a reversal pattern and indicates that decent upside movement
can be seen from present level.
๏ƒ˜ As well as, stock has been trading with rising trend line along with adequate volume activity which
confirms continuation of contemporary trend.
๏ƒ˜ Moreover, stock has been forming Bullish engulfing candlestick on monthly chart which is bullish
reversal sign and point out for positive movement.
๏ƒ˜ Momentum indicators RSI reading is at 69 marks with positive crossover shows confident breath in
stock.
๏ƒ˜ Based on the mentioned technical setup we believe the stock could reach towards 48 levels in few
sessions.
Company TV18 BROADCAST
Recommendation Buy
Sector : Media & Entr.
CMP : 37.60
Price Potential : 48.00
Stop loss (Closing Basis): 33.00
Mkt Cap (Rs. Cr.) 6,446
TTM EPS (Rs.) 0.09
TTM Sales (Rs. Cr.) 606
BVPS (Rs.) 20.35
Reserves (Rs. Cr.) 3,146
P/BV 1.85
PE 440.60
Bloomberg Code TV18:IN
Reuters Code TVEB.NS
TW = Twelve Months
TTM= Trailing 12 months
SEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual Funds
Pick of the Week: TV18 BROADCAST LTD.
27th June, 2015
www.choiceindia.com *Please Refer Disclaimer on Website
Pick of the Week: TV18 BROADCAST LTD.
27th June, 2015
SEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual FundsSEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual Funds
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of
the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in
checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any
person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies Aprilket psychology, price patterns and volume levels. It is used to forecast future price
and Aprilket movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research undertaken as
the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking
makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are
subject to change without notice. The information and any disclosures provided herein are in sumAprily form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading
purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided
herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or
sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there
is no guarantee against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement โ€“ โ€ข Analyst interest of the stock /Instrument(s): - No. โ€ข Firm interest of the stock / Instrument (s): - No.
Disclaimer
Contact Us
Kunal Pamar (Research Associate)
kunal.pamar@choiceindia.com
PERFORMANCE TRACKER
Rohan Shinde (Research Associate)
rohan.shinde@choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
Chandrakant Maske(Research Associate)
chandrakant.maske@choiceindia.com
Amit Pathania (Research Associate)
amit.pathania@choiceindia.com
Date
Lot
Size
Type of
Call
Equity Initiated SL TGT Result
Profit/
Loss
Total
Profit
07.02.15 125 Buy TCS 2575 2380 2920
06.06.15 1000 Buy BHEL 246.45 225 300
13.06.15 125 Buy ACC 1370-1400 1330 1550
20.06.15 125 Buy BAJAJ AUTO 2405.6 2300 2700
Total

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Pick of the Week (TV18)

  • 1. About TV18 Broadcast Limited ๏ƒ˜ TV18 Broadcast Limited (TV18) is an India-based company engaged in the business of broadcasting; telecasting, relaying and transmitting general news programs and operates the news channels CNN IBN. The Company operates news television channels, such as CNBC-TV18, CNN-IBN, IBN7, CNBC Awaaz, CNBC Bajar and CNBC-TV18 Prime HD. ๏ƒ˜ It also operates entertainment television channels, such as Colors, Colors HD, MTV India, Vh1, Nick, HistoryTV18, ETV News and ETV entertainment including ETV Marathi, ETV Kannada and ETV Bangla. It also operates Viacom18 Motion Pictures which is engaged in film production and distribution. ๏ƒ˜ TV18 Media Pvt. Limited is a 50/50 joint venture operation in India between NBC Universal and the Network18 Group based in Mumbai TV18 owns and operates various channels of the NBC Universal group for the Indian viewers. ๏ฑ Technical Outlook ๏ƒ˜ On Daily Chart, recently stock has given positive breakout of its Diamond Bottom pattern with spurt in volume which is typically a reversal pattern and indicates that decent upside movement can be seen from present level. ๏ƒ˜ As well as, stock has been trading with rising trend line along with adequate volume activity which confirms continuation of contemporary trend. ๏ƒ˜ Moreover, stock has been forming Bullish engulfing candlestick on monthly chart which is bullish reversal sign and point out for positive movement. ๏ƒ˜ Momentum indicators RSI reading is at 69 marks with positive crossover shows confident breath in stock. ๏ƒ˜ Based on the mentioned technical setup we believe the stock could reach towards 48 levels in few sessions. Company TV18 BROADCAST Recommendation Buy Sector : Media & Entr. CMP : 37.60 Price Potential : 48.00 Stop loss (Closing Basis): 33.00 Mkt Cap (Rs. Cr.) 6,446 TTM EPS (Rs.) 0.09 TTM Sales (Rs. Cr.) 606 BVPS (Rs.) 20.35 Reserves (Rs. Cr.) 3,146 P/BV 1.85 PE 440.60 Bloomberg Code TV18:IN Reuters Code TVEB.NS TW = Twelve Months TTM= Trailing 12 months SEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual Funds Pick of the Week: TV18 BROADCAST LTD. 27th June, 2015 www.choiceindia.com *Please Refer Disclaimer on Website
  • 2. Pick of the Week: TV18 BROADCAST LTD. 27th June, 2015 SEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual FundsSEBI Certified โ€“ Research Analyst Equities I Commodities I Currencies I Mutual Funds This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this recommendation or any action taken on basis of this information. Technical analysis studies Aprilket psychology, price patterns and volume levels. It is used to forecast future price and Aprilket movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without notice. The information and any disclosures provided herein are in sumAprily form and have been prepared for informational purposes. The recommendations and suggested price levels are intended purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee against the loss of your entire investment. POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement โ€“ โ€ข Analyst interest of the stock /Instrument(s): - No. โ€ข Firm interest of the stock / Instrument (s): - No. Disclaimer Contact Us Kunal Pamar (Research Associate) kunal.pamar@choiceindia.com PERFORMANCE TRACKER Rohan Shinde (Research Associate) rohan.shinde@choiceindia.com www.choiceindia.comcustomercare@choiceindia.com Chandrakant Maske(Research Associate) chandrakant.maske@choiceindia.com Amit Pathania (Research Associate) amit.pathania@choiceindia.com Date Lot Size Type of Call Equity Initiated SL TGT Result Profit/ Loss Total Profit 07.02.15 125 Buy TCS 2575 2380 2920 06.06.15 1000 Buy BHEL 246.45 225 300 13.06.15 125 Buy ACC 1370-1400 1330 1550 20.06.15 125 Buy BAJAJ AUTO 2405.6 2300 2700 Total