Edelweiss Financial Services's Stock Idea
Edelweiss Financial Services is Bullish on Sun TV Network Ltd.
Idea Submitted on 16Aug,2018
  • 110 Total Ideas
  • 0 Active Ideas
  • 110 Closed Ideas
  • 0 Friends
  • Avg. Returns
    Success Rate
     Hi, GuestPlease Login to View Clearly
      Buy Sun TV Network Idea
    Connect with top Investors, Financial Advisors and Stock Analysts
    Stockadda helps you make smarter and well informed investment decisions.
      Idea Status :  Closed
    Stop Loss Triggered
    Idea Closed at 471 (08Jul,19 02:32:pm)
     Time Frame
     Start Price
     Target Price
     Stop Loss
     Projected Gain
    421.75 (53.64% Upside)
     Returns Achieved
    -315.25     -40.1%

    We anticipate re-rating due to the robust beat in Q1FY19 on all fronts, management salary being capped at FY18 levels and likely increase in dividend payout. Digitisation in Tamil Nadu is a key positive trigger. We retain the target multiple of 28x FY20E EPS that yields our TP of Rs 1,208. We maintain BUY/SO. At CMP, the stock is trading at 19.2X FY20E EPS.

    • Stoploss not specified.(stoploss of 40% auto inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Sun TV Network
    Buy Calls: 13 Sell Calls: 9
    Members Liking This Stock Idea (0)
    No Likes Yet
    Members Disiking This Stock Idea (0)
    No Dislikes Yet

    Disclaimer: The views and stock ideas expressed by members on stockadda.com are their own, and not that of the website or its management.
    The views and stock ideas are for informational purposes only and should not be construed to be recommendations to buy or sell any securities.
    Stockadda.com advises members to check & consult with certified experts before taking any investment decisions.

    Popular Investing Books

    Michael Lewis
    Daniel R. Solin
    John Allen Paulos
    Charles T. Munger
    Charles Mackay
    Napoleon Hill

    Most Popular Authors

     285 Investors Online.

    Share This Idea

    Be a Smart & Well Informed Investor!
    Join Today its Free.
    Register or Login with just one Click using your Social Account