I am on two minds regarding this stock. To divest completely or hold on to the remaining shares? The reason I want to divest is that even though OTT competition might or might not affect the company, I am not sure if their traditional business will keep growing like it used to.
On the other hand, their Sunrisers Hyderabad IPL team might be worth more than it is today considering the latest auction results. Also, they could make money from movie production but then where is the moat in that? What happened to their previous moat? Has it deteriorated with the rise of the OTT platforms? I am afraid it’s likely that they will never have the kind of competitive advantage they did before.
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