Name of Company | Jagran Prakashan Ltd |
BSE Code | 532705 |
NSE Code | |
ICICI Code | JAGPRA |
Established | 1942 |
My Take | Like |
Headquarters | Kanpur, UP |
Promoters | |
Story | 3800 Cr market cap at today's prices. Publisher of the Dainik Jagran – leader in newspaper in India. Company went public in 2006. Buys Mid-day with a share swap for shareholders. |
Sector | Publishing |
Sub-sector | Hindi media |
Website | |
Positives | Around 500 Cr reserves (for a annual revenue in FY10 of 940 Cr). Consistently having more than 10% NPM's. |
Negatives | Almost double levels from the 52 week low of 66. This seems too costly for a 3800 Cr market cap – FY10 EPS is 5.84. Revenues has risen to 941Cr from 478 in FY06 – i.e >18% annually. At high levels due to the acquisition news – buy when things cool down – great share to hold. |
Peers | DB Corp, Deccan Chronicle, HT Media |
News | |
Price @ blogged | 127 (16-Jun-10) |
Jun 16, 2010
Jagran Prakashan Ltd - 532705
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