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1 Comment
DEN Networks Limited is currently in a long term downtrend where the price is trading 7.1% below its 200 day moving average.
From a valuation standpoint, the stock is 87.6% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 1.8.
DEN Networks Limited's total revenue rose by 7.6% to $3B since the same quarter in the previous year.
Its net income has increased by 238.7% to $656M since the same quarter in the previous year.
Finally, its free cash flow fell by 7.5% to $530M since the same quarter in the previous year.
Based on the above factors, DEN Networks Limited gets an overall score of 3/5.
Industry | Entertainment |
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Sector | Communication Services |
ISIN | INE947J01015 |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 14B |
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Beta | 0.89 |
Dividend Yield | 0.0% |
Target Price | 73.5 |
PE Ratio | 8.67 |
DEN Networks Limited engages in the distribution and promotion of television channels through digital cable distribution network in India. It operates through Cable and Broadband segments. The company also offers cable TV, over-the-top entertainment, and broadband services. It serves approximately 13 million households primarily in 13 states in India, including Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand. The company was formerly known as DEN Digital Entertainment Networks Limited and changed its name to DEN Networks Limited in June 2008. DEN Networks Limited was incorporated in 2007 and is headquartered in New Delhi, India.
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