BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
We are positive on Zee Entertainment Enterprises Ltd. due to –
1. concrete steps taken to strengthen governance and enhance disclosure levels
2. consistent improvement in viewership share (increased from 11.6% in CY11 to 18.4% in CY19) and
3. likely emergence of ZEE5 as future growth engine in the changing global content consumption paradigm.
We expect revenue compound annual growth rate of 4.1% over FY20-23E backed by increasing viewership share, launch of four regional channels (Zee Punjabi, Zee Thirai, Zee Picchar and Zee Bispoke), increasing viewership of HD channels (16 channels, 35% HD penetration) and selective price hikes.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.