TheScreener - Entertainment Network (India) (ENIL) ENTERTAINMENT NET.INDIA receives two new qualifications and slightly improves to Neutral

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ENTERTAINMENT NET.INDIA receives two new qualifications and slightly improves to Neutral

The independent financial analyst theScreener just changed two ratings for the qualification of ENTERTAINMENT NET.INDIA (IN), active in the Broadcasting & Entertainment industry. Its market behaviour has improved and can now be considered as moderately risky; its fundamental valuation receives an improved star rating and now shows 2 out of 4 stars. theScreener considers that these elements slightly improve the general evaluation, which passes therefore to Neutral. As of the analysis date January 25, 2022, the closing price was INR 176.10 and its expected value was estimated at INR 177.16.

26/01/2022 1 EN

Underlying

Entertainment Network (India)

Entertainment Network (India) Limited is engaged in private frequency modulation (FM) radio broadcasting. The Company's principal revenue stream is advertising. The Company's advertising business includes the sale of air time in its Frequency Modulation (FM) radio broadcasting stations, activations and monetization of its media properties. The Company operates through Media and Entertainment segment. The Company operates in radio broadcasting under the brand Radio Mirchi, which is a radio station. The Company has operations in Jammu, Chandigarh, Srinagar, Ahmedabad, Hyderabad, Panaji, Bengaluru, Kolkata, Guwahati, Raipur, Kozhikode, Nashik, Kanpur, Visakhapatnam, Surat, Vijayawada, Nagpur, Shillong, Vadodara, Thiruvananthapuram, Rajkot, Patna, Coimbatore, Madurai, Kolhapur, Indore, Delhi, Jalandhar, Jabalpur, Shimla, Jodhpur, Patiala, Amritsar and Bengaluru, among others. Mirchi is also on television through properties, such as Mirchi Music Awards, Mirchi Top 20 and Spell Bee.

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INE265F01028 National Stock Exchange of India India

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ENTERTAINMENT NET.INDIA receives two new qualifications and slightly improves to Neutral

Empowering Investors

ENIL's Q3FY20 results (Outperformer) - High operating leverage hurts as Ad rev dries up!

ENIL's Q2FY20 results (Outperformer) - Core radio drag continuesâ€¦

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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