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Media companies fails to amuse the market

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Media companies fails to amuse the market

The share price of almost all the media companies, which are mostly electronic media companies, have fallen sharply over the last six-seven months, so much so that some of them are currently trading in the vicinity of their 52-week lows. Media companies Market Price* Rs Current 52-week high Zee Telefilms 312 1,630 Sri Adhikari Bros 297 2,350 TV18 460 2,330 Crest Comm 207 1,357 Jain Studios 204 750 Cinevista Comm 156 427 Source: BSE on September 9


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