Kohinoor Broadcasting Corp. Ltd (KBC)

BSE Code: 531336

Face Value: Rs.10

CMP: Rs 7.00

Book Value: Rs.10.71

Mr.Vikram Solanki (Baroda, Gujarat)

This Company is currently engaged in the media and entertainment industry with a particular focus on the TV sector or Visual Media. The Company has diversified into production of TV programmes including current affairs, music, serialised drama and other entertainment programmes.It has also received approval from Ministry of Broadcasting for setting up earth station for up-linking the television channels in name of KBC TV. KBC has entered into agreement with Kaybee Ltd, London, a Company engaged into the Production of TV and Film content for Hollywood and Bollywood, for engaging them for obtaining the License for Broadcasting of TV channel and Teleshopping in UK, setting up the Play-out station and Production Studio in UK, it also has MOU with Kaybee Ltd London, for Translation of Indian programs into European Languages for Broadcasting in Europe Recently company came out with excellent consolidated results (the results including its overseas subsidiaries in Dubai and UK), for quarter ending March,2008, it has a consolidated sales of Rs 62.5 Crore and a netprofit of Rs 8.1 Crore.

It is interesting to note that as of March,08 in shareholding pattern, FII continue to hold 17.45 percent of the equity. This stock has potential to quote at Rs 12- 15 which is double then its current price. It is a speculative call at Rs 7.