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Pricey Valuations Threaten Best Indian Media Stocks Rally in 14 Years

Pricey Valuations Threaten Best Indian Media Stocks Rally in 14 Years
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media stocks rally: Pricey valuations threaten best Indian media stocks rally in 14 years

An equity index that houses Indias biggest operator of cinema screens as well as its top television broadcaster has lost about 6% since reaching a 17-month high in early September. Still, up 31% this quarter through Friday, the gauge is poised for its best performance since 2009.

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Bollywood, Cricket Hold Promise for Indian Media Stocks After Rally Boosts Valuations

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