Are Indian digital giants ready to follow the global market trends? Watch the video to know about top 4 digital listed companies future outlook.
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"IIFL Reports on Media Sector
Recommendations from IIFL's point of view :
1) ZEEL - Target (Rs) - 691
2) Sun TV - Target (Rs) - 984
3) TV Today - Target (Rs) - 517
4) Shemaroo - Target (Rs) - 580
According to the financial summary :
The Rev CAGR FY18-20E(%) for ZEEL is 17.2, Sun TV is 17.1, TV today is 10 and Shemaroo is 14.
The PAT CAGR FY18-20E(%) for ZEEL is 24.3, Sun TV is 20.5, TV today is 17.3 and Shemaroo is 26.
The ROE FY20E(%) for ZEEL is 21.2, Sun TV is 26.6, TV today is 21.7 and Shemaroo is 17.5.
Talking about other criterias;
ZEEL - Aout 1 lac hr of content, 10mn+ installs on playstore
Sun TV - SUNNXT, 4000+ movies + live TV, 5 MN + installs in playstore
Shemaroo - ~70 Cr monthly views on YouTube, strong content library
TV today - Acquired digital business from parent, leadership of Aaj Tak
Talking about the digital wave, data price has dipped to Rs. 3.2 / GB, internet subscriber base in India to reach ~83 Cr by FY21E, Indian online video audience to double by CY20E.
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