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Hold Music Broadcast; target of Rs 39: Prabhudas Lilladher

Prabhudas Lilladher’s research report on Music Broadcast We keep our estimates broadly unchanged (results were in-line with our estimates) as national advertisers continue to remain apprehensive due to weak

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TV18 Broadcast Q3 profit jumps 39% on strong operating show

TV18 Broadcast, the operator of the broadest network of channels, reported a solid 39.5 percent year-on-year growth in the third quarter (October-December) consolidated profit on the back of strong operating income.

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Hold Music Broadcast; target of Rs 39: Prabhudas Lilladher

Prabhudas Lilladher’s research report on Music Broadcast We cut our PAT estimates by 37.4%/23.4% for FY20E/21E as 1) national advertisers continue to remain apprehensive due to weak macro-economic environment

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