Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India and internationally. The company operates radio channels, including radio mirchi, mirchi 95, mirchi love, and kool fm. It also operates Gaana, a music streaming platform that provides on-demand audio, video, and live events contents; and provides radio advertising services. In addition, the company is involved in the provision of various branded solutions, including concerts, award shows, on-air properties, brand licensing, multimedia, and digital services; and services to manage the intellectual properties, and activities or events of clients, as well as influencer marketing campaigns. It provides services under the Mirchi and Gaana brands. The company was incorporated in 1999 and is based in Mumbai, India. Entertainment Network (India) Limited operates as a subsidiary of Bennett, Coleman & Company Limited.
Research context
Entertainment Network (India) Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Communication Services
- Industry
- Broadcasting
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5 years, 6 months ago
Entertainment Network (India) Limited is currently in a long term uptrend where the price is trading 18.9% above its 200 day moving average.
From a valuation standpoint, the stock is 85.5% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 2.1.
Entertainment Network (India) Limited's total revenue sank by 42.5% to $852M since the same quarter in the previous year.
Its net income has increased by 85.9% to $184M since the same quarter in the previous year.
Finally, its free cash flow fell by 41.6% to $218M since the same quarter in the previous year.
Based on the above factors, Entertainment Network (India) Limited gets an overall score of 3/5.