Ashwani Gujral Gives Buy Call For NDTV
According to technical analyst Ashwani Gujral, investors can buy NDTV stock, with strict stop loss of Rs 400 for a medium term target of Rs 610.
Today, the stock opened at Rs 449.90 after making its closure at Rs 445.20 (on Dec 12). Presently (11:15 am), the stock is hovering around Rs 436, down 2.1%, and this is the best time to buy the stock. NDTV stock will surely achieve this target with a period of 2-3 months. So the investors are suggested not to sell this stock before achieving this target.
At the Bombay Stock Exchange (BSE), the stock has touched 52-week high of Rs 453.65 with a low of Rs 184.
Based on the current results, the stock of Adani Enterprises is trading at a P/E of 168.73 and offers an earning per share of Rs 2.59.
The fundamentals are too strong for this company. The company has robust plans for the future growth in profits.
If investors want some other options for investing in the same segment, they can purchase Sun TV Network, Zee Entertain and Adlabs Films for short or medium term. The media & entertainment section has been performing superbly in the last few months.