Espresso Shot of the Day - Network18 Media & Investments Ltd. up by 9.82%

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Espresso Shot of the Day - Network18 Media & Investments Ltd. up by 9.82%

December 07, 2021
Espresso Shot of the Day - Network18 Media & Investments Ltd. up by 9.82%

NETWORK18 MEDIA & INVESTMENTS LTD 79.40 (+9.82%) BSE – INE870H01013 | 7TH  December 2021

Network18 Media and Investments Ltd is one of the largest media conglomerates with diversified but synergistic interests in television with its bouquet of fifty channels in India and thirteen international channels, besides filmed entertainment, digital content, magazines, digital commerce and allied businesses. Network18 has built successful strategic alliances with globally reputed media players such as Viacom, CNBC, CNN, A+E Networks and Forbes. Steered by a professional and experienced team of editors, news tellers and entertainers, Network18 constantly seeds new ideas of programming and triggers thought processes. At Network18, the focus is on driving the highest standards of creative excellence by fostering a culture of innovation to build new content formats thereby creating strong brands across diverse media. Through its continued investments in regional and digital platforms, Network18 claims unparalleled reach.

Recent Drivers

  • On Dec 5, 2021, Federal Bank and the Network18-led initiative “Sanjeevani – A Shot of Life”, India’s largest vaccination drive began operations in April this year.
  • On Oct 19, 2021, the company reported a nearly threefold jump in consolidated net profit at Rs 199.27 crores for the September quarter 2021-22
  • On Oct 19, 2021, the company posted consolidated revenue of Rs 1,387.2 crore for the quarter ended September 30, 2021, as against Rs 1,061 crore in the same quarter last fiscal year, a jump of 30.8%.
(Sources:Business Standard, MoneyControl)


Technical Force*

  • S&P BSE 500 month till date gain up by 1.20%
  • Spurt in Volume by more than 2.43 times compare to previous vol. 3 months avg. volume: 321,336
  • Quantity traded: 6,06,332 | Deliverable quantity: 1,67,029 (27.55%)
  • Stock price has jumped by more than 125% from a one-year low level: 34.55 (Apr12, 2021)
  • Daily RSI (14) is in Oversold territory today
  • 52-week-high: 96.65 | 52-week-low: 34.55


Key Pivot  (Yearly)

R4

R3

R2

R1

PP/FIB PP

S1

S2

S3

S4

Pivot Point

-

 87.55

68.80

52.35

33.60

17.15

-

-

    -

Fibonacci Pivot

68.80

 55.35

47.05

41.70

33.60

25.50

20.15

11.85

    -


Today’s Close

79.40

SMA

BSE

10 DAY

75.17

20 DAY

79.35

50 DAY

74.37

200 DAY

52.48


Some Key Ratios (Source: BSE)

Market Cap: 8312.77 crores

PE: -75.52

OPM%: -0.48

ROE%:-11.24

Promoters holding%: 75.00

Prev. Close:72.30

*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.