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Business News/ Money / Company Review: Zee Entertainment
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Company Review: Zee Entertainment

Company Review: Zee Entertainment

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Valuation at P/E of 18.9XFY10E and 16.6x FY11E is at a small discount to Sun TV (17X on FY11E).

We expect the valuation discount to widen, given the growing competition in the Hindi GEC space and slower ad revenue growth than regional markets (where Sun dominates).

We maintain an UNDERWEIGHT stance on the stock.

Click here for a detailed report

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Published: 17 Jul 2009, 09:44 AM IST
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