NSE CODE : Balajitele BSE CODE : 532382
Balaji Telefilms is a pioneering television content producing company with a presence across Indian general entertainment channels. The 52 week high for the stock was 223 and 52 week low was 31.15. The stock is currently trading near its lows at only 32 at a PE ratio of less than 4. Historically, media companies such as this have traded between PE bands of 15 to 55. The stock had nose dived after their contract with Star Plus came to an end. But now the company has started two new shows, Kitni Mohabbat Hai and Bandini. The company also plans to launch a horror show next month. The stock presents great value at current price and the future looks to be bright.