Market Dashboard
BSE Code: | NSE Code: | ISIN: | Sector:
NSE
93.35
| Change | Change % |
| -0.60 | -0.64% |
Updated:22 Feb, 2019, 15:56 PM IST |
|
BSE
93.80
| Change | Change % |
| -0.15 | -0.16% |
Updated:22 Feb, 2019, 16:01 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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