I have recommended a BUY on Sri Adhikari Brothers on 27th February 2010 @ Rs.27/- .Currently it is trading around Rs.39/- Company has now re-worked their strategies and a started a new low cost music channel in the name 'Mastiii' which is reporting very good response from the viewers .Latest media reports showing that 'Mastiii'becomes No.1 Channel in its category .Company also posted turnaround results in June qtr.Considering the experience of promoters and their increased interest in this company (recently pumped about Rs.35 Cr by way of preferential issue) it may become a dark horse .Reiterate a BUY around Rs.35/-
0 comments:
Post a Comment