Posted: 25 May 2008 03:05 PM CDT
Investments with a 12-18 month horizon can be considered in the stock of Geodesic Information Systems, considering its niche business, moderate valuation and good growth prospects. At Rs 181, the stock trades at 11 times its FY-08 earnings and nine times its estimated current year earnings. With a net profit margin of 49 per cent, [...]
Posted: 25 May 2008 03:04 PM CDT
Investors with a long-term perspective can buy the stock of Entertainment Network India (ENIL), which operates the radio channel, Radio Mirchi 98.3 FM. Within the media sector, radio is poised to record the fastest growth in advertising spends, although on a low base. It is also likely to be less vulnerable to any slowdown in [...]
Posted: 25 May 2008 03:02 PM CDT
After almost a month of negotiations, Bharti could not take the merger talks further with South African company MTN due to disagreement over the holding structure. Bharti said the structure proposed by MTN would not capture the synergies of the two companies and was a convoluted way of getting an indirect control of the combined [...]
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