Multibagger alert: This RIL owned company has delivered 179% returns in a year!

Multibagger alert: This RIL owned company has delivered 179% returns in a year!

by 5paisa Research Team Last Updated: Dec 09, 2022 - 01:15 pm 32.8k Views
Listen icon

These returns are seven times the returns delivered by the S&P BSE 500 index, of which the index is a part.

TV18 Broadcast Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last one year. During this period, the company’s share price jumped from Rs 27.20 on 13th April 2021 to Rs 75.95 on 12th April 2022, an increase of 179% YoY.

An investment of Rs 1 lakh in this stock last year would have turned to Rs 2.79 lakh today. In the last 1 year, the index has climbed from the level of 19,402.96 on TV18 Broadcast 2021 to 24,134.50 on 12th April 2022, a rally of 24% YoY.

TV18 Broadcast Ltd is owned by the Mumbai-based Network 18 Group. This group is owned by the Independent Media Trust (IMT) of which, Reliance Industries Ltd is the sole beneficiary.

TV18 operates the news channels including (but not limited to) CNBC TV18, CNBC Awaaz, CNBC Bajar, and News18 Lokmat (a Marathi regional news channel in 50:50 partnership with the Lokmat Group) and 13 regional news channels under the brand, News18. Moreover, the company owns and operates MTV, VH1, Nickelodeon and COLORS.

The company also operates a 51:49 JV with Viacom Inc., under the name Viacom18 Media Private Limited. This JV company recently added basketball to its sports portfolio by entering into a multi-year partnership with NBA.

The company is currently trading at a TTM PE of 21.53x, as against the industry PE of 26.38x. In FY21, the company delivered an ROE & ROCE of 3.21% and 4.65% respectively.

At 2.15 pm, the shares of TV18 Broadcast Ltd were trading at Rs 76, an increase of 0.066% from the previous day’s closing price of Rs 75.95 on BSE. The stock has a 52-week high & low of Rs 82.55 and Rs 26.50 respectively on BSE.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.


Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.