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tv18 broadcast q3 earnings update: TV18 Broadcast Q3 Results: Company reports loss of Rs 55.8 cr, revenue drops 5.2% to Rs 1,676.2 cr

TV18 Broadcast had posted a net profit of Rs 37.81 crore in the October-December period of the preceding fiscal, the company said in a regulatory filing. TV18 Broadcast s total expenses were up 5.2% to Rs 1,907.28 crore in the December quarter. ....

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rsi trending down: TV18 Broadcast, JBM Auto among 10 Stocks with RSI trending down

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TV18 Broadcast share price: Buy TV18 Broadcast, target price Rs 42: IIFL


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IIFL has buy call on TV18 Broadcast with a target price of Rs 42. The current market price of
TV18 Broadcast Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 6891.73 Crore) operating in Media & Entertainment sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1369.32 Crore, down -.15 % from last quarter Total Income of Rs 1371.34 Crore and down -4.20 % from last year same quarter Total Income of Rs 1429.29 Crore. Company reported net profit after tax of Rs 236.14 Crore in latest quarter.
Stock has given a consolidation break out on the daily chart ....

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