Saregama (Has events, Carvaan, Muisc, films(Yoodlee) as well):
Tips (A Complete Music play) :
Also music segment saw a degrowth YoY. Video segment saw growth YoY (Related to pocket aces aquisition)
Even the impact of elections is there for other company as well, dont know if the execution is something lagging. the maring is at 25 % down from 37 % YoY.
This will hit bad if the results are in similar way going forward, wating for insights from concall. Also Stock is trading at 52 P/E and ROE at 14 and ROCE is at 19.
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