Balaji Telefilms

First time looked Balaji in March at approx 50 rs. Missed the fast moving train. One interesting play here is saregama. Which I invested based on their product carvaan, However that did not work. Now as per concall and company presentations saregama is in providing content for ALL OTT platforms. They have film division named Yoddlee, which make films and sell to Netflix, Hotstar etc. In addition all OTT series use old songs as their main liner or in background (Web series Arya). They make money out of it, as no new investment is required for licensing old songs for OTT movies.

Though I burned my hands on hopes of carvaan, still holding. Now story is for licensing and film making (they are looking for web series also) which can boost revenue slowly but steadily.

Disclosure: Invested.