Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
115.00
Change Change %
-1.10 -0.95%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
115.05
Change Change %
-1.50 -1.29%

Updated:20 Nov, 2018, 15:13 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
11-08-2016 Buy 183.85 212.00
N/A
Target Hit Long (1Y)
11-08-2017

Edelweiss maintains buy on Jagran prakashan

Jagran prakashan is set to perform well riding revival in ad environment, scale up in acquisitions (Midday, Nai Dunia) and radio business. Upcoming elections in UP too will benefit the company. We estimate the company to log 14.7 per cent earnings CAGR over FY16-18. At current market price, the stock is trading at 15.4 times and 13.7 times FY17 and FY18 estimated earnings per share respectively.

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