I dont track HMVL but had a look at ENIL. It seems interesting.
ENIL is slightly expensive mainly bcos it is perceived to be in a business which is supposed to grow at much better rates than newspapers. I think its at close to 30 PE.
Jagran could be quoting at 14-15 PE based on fy 16 estimated eps figures of 9.5 or thereabouts.
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