Entertainment Network India Limited (ENIL)

Update
Q3 /2019 Financial update

the company is foray in to oversea market and now in event shows and has slide to near 3 year low This can be good contender to growing the wealth . Curious that why no mutual fund has invested in it yet ???

Risk : P/e is very high
Govt Regulatrotary changes
technological destruction due to apps (double edged )
Licences distribution risks
Positives
Coming elections and Increased govt expenditure on advertising Greater reach to masses be it may millennium generation or Oldies .
business is scalable
Little capex need to grow

Disc : not vested yet in watch list from two years