Thursday, June 24, 2021

Mukhesh Ambani's AGM and Den Networks Ltd

Some of my friends are disappointed that in the recently held AGM, Mukhesh Ambani didn't spell out much for its Broadband, Cable TV business & its media wing TV18.  Photo: 1: My Brand Book

But the news is already there in the public domain: 

#Facebook will invest Rs.43,574 crore in Reliance Jio Network. 

Now look at this: Den Networks (Rs. 57.90) is into Broadband & Cable TV. 

Moreover, the combined strength of Den Networks (Rs.57.90) & Hathway Cable is 27,000 - plus LCO partners who act as the touch points to 15 million - plus households. Photo:2: Zee Business 

The figures are set to increase further as more and more cities are covered by them. 

This is already a massive figure & RJio's collaboration with Facebook who are investing Rs.43,574 Cr will give further muscles to these two companies. 

Isn't it amazing? Just think.... 😊😊 

You should therefore accumulate the shares of Den Networks Ltd in all market declines. I'm expecting it to double in the next 6/9 months time frame. 

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