New TRAI tariff order positive for media space: Shobit Singhal, Anand Rathi
  • WebDesk BTVI
  • May 09 2019

Shobit Singhal, Anand Rathi, says that TRAI tariff norms will prove to be positive for media houses in the long run as it will help convert free dish customers to paid customers. On the current volatility in the market, especially for Zee Entertainment, he says the fundamentals of the company remains strong despite debt woes and speculation over stake sale. Singhal recommends adding Zee Ent shares to portfolio for long-term gains.