Experts/Company Poll Result Experts view Manish Bhatt Prabhudas Lilladher Apply Raj Television is a good issue. Investors can apply for it at cut off price with six-eight months perspective. The company has shown CAGR of 14%. SP Tulsian(Investment Advisor) Apply Raj Television is a good issue; its price is reasonably valued after looking at forward 20.22x PE of FY07 and EPS of Rs 10. It is the second largest regional channel pay network in Tamil Nadu after Sun TV. Investors can apply for it. R S Iyer(KR Choksey) Don’t Apply Raj Television is not an extraordinary issue. In actual, they are the third largest regional channel in Tamil Nadu; first is Sun TV, second Star Vijay. It is better to ignore the issue. It is highly priced at Rs 257.
apply as much as u can at the current price band 257 - 221.the p.e works out to be 25.7 - 22.the ttm p.e is at 47.the nearest comparison is sun tv trades at 60 .the valuation are very cheap & the company has left enough roam for investor to stay for long term as well as listing gains.
Mr.ketan,i feel ur the sole subscriber in the retails category.r u linked to those operator,for such specific information.pls dont mislead genuine investors
it is misleading that raj tv command a premium of Rs.100/- I have checked from my rajkot sources that at present premium of Rs. 10 to 15 is prevailing in the market and no serious buyer is visible in the market. Major activity is seen in firstsource and PFC only now.