TVTODAY held by the Badshah's Guru

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by devansh.goel, Mar 27, 2015.

  1. devansh.goel

    devansh.goel New Member

    Mar 22, 2015
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    Hi guys,
    TVTODAY looks great to me. Just want to stir up a discussion regarding the same. Mr. Radhakishan Damani & Mr. Ramesh Damani are holders of this stock for long.... What are the views of the forum on the same?
    Also, can anyone please tell me the buying price of these stalwarts in TVTODAY?
  2. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

    Mar 19, 2015
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    Radhakishan Damani has been buying through bulk deals. His last purchase was close to the market price of Rs. 200.

    I think the big overhang over the stock is the ad-cap of 12min/hour imposed by the Govt. That case is being fought in the Delhi High Court and will be heard on 24th July.

    If the verdict goes against the TV Channels, there may be a knee-jerk downside to the stock.