Entertainment Network (Small Cap) Share Target 2024, 2025 To 2039
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Entertainment Network |
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Price: ₹175.66 | ||
| 52 Week Low: ₹175.00 52 Week High: ₹358.80 |
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| Market Capital: 872.84 Crore (Smallcap) | |||
| Communication Services -> Broadcasting | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Entertainment Network Share Price Target For 2024
- 1.1.1: Entertainment Network Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Entertainment Network Share Price Target For 2025
- 1.2.1: Entertainment Network Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Entertainment Network Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Entertainment Network Brief Company Overview
- 4: Entertainment Network Financial Performance
- 4.0.1: Is Entertainment Network A Good Buy For Long Term?
To predict the Entertainment Network's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Entertainment Network Share Price Target For 2024
The line chart displays the monthly closing prices of Entertainment Network with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Entertainment Network shares in 2024, see the table below.
Entertainment Network Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 183.28 (+4.33%) | Price Action: Aug 2013 Low |
| 2024 Target 2 | 181.05 (+3.06%) | Fibonacci Extension Level 23.60% |
| 2024 Target 1 | 179.24 (+2.02%) | Price Action: Aug 2020 High |
| Current Price | 175.66 | Entertainment Network's share price as of 23 Dec 2024 |
| Stop Loss 1 | 173.58 (-1.19%) | Price Action: Dec 2023 Low |
| Stop Loss 2 | 170.96 (-2.68%) | Price Action: May 2010 Low |
| Stop Loss 3 | 168.86 (-3.88%) | Price Action: Apr 2009 High |
Short-Term Technical Outlook
Current Technical Position: Entertainment Network is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹184.26 serves as the nearest technical reference point.
Historical Returns: 3-month: -22.77% | 6-month: -26.97% | 1-year: -2.57%
Entertainment Network Share Price Target For 2025
The line chart displays the monthly closing prices of Entertainment Network with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Entertainment Network shares in 2025, see the table below.
Entertainment Network Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 302.59 (+72.25%) | Price Action: Chart |
| 2025 Target 2 | 296.95 (+69.04%) | Price Action: Chart |
| 2025 Target 1 | 294.01 (+67.37%) | Fibonacci Extension Level 64.90% |
| Current Price | 175.66 | Entertainment Network's share price as of 23 Dec 2024 |
| Stop Loss 1 | 146.64 (-16.53%) | Price Action: Chart |
| Stop Loss 2 | 145.17 (-17.36%) | Price Action: Chart |
| Stop Loss 3 | 142.56 (-18.85%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Entertainment Network is currently trading near its 52-week low of ₹175, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -2.57% | 3-year: +4.95% | 5-year: -28.13%
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Approach 2: Machine Learning By Studying Historical Prices
Entertainment Network Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹175.66 | ||
| 2024 | ₹211.25 | +20.26% | ₹214.42 |
| 2025 | ₹188.28 | -10.87% | ₹206.19 |
| 2026 | ₹179.99 | -4.4% | ₹196.20 |
| 2027 | ₹165.71 | -7.93% | ₹184.06 |
| 2028 | ₹160.00 | -3.44% | ₹169.10 |
| 2029 | ₹151.06 | -5.58% | ₹161.28 |
| 2030 | ₹131.39 | -13.02% | ₹146.51 |
| 2031 | ₹122.11 | -7.06% | ₹136.01 |
| 2032 | ₹145.58 | +19.22% | ₹154.36 |
| 2033 | ₹143.37 | -1.51% | ₹149.74 |
| 2034 | ₹138.42 | -3.45% | ₹144.76 |
| 2035 | ₹123.54 | -10.74% | ₹135.17 |
| 2036 | ₹192.17 | +55.55% | ₹195.05 |
| 2037 | ₹187.38 | -2.49% | ₹198.93 |
| 2038 | ₹192.51 | +2.73% | ₹196.68 |
| 2039 | ₹191.85 | -0.34% | ₹195.09 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Entertainment Network Brief Company Overview
Entertainment Network (India) Limited: A Leading Radio Broadcasting Company Entertainment Network (India) Limited, established in 1999, is one of India's leading FM radio broadcasting companies. It operates radio stations under popular brand names like Radio Mirchi,...
Mirchi Love, and Kool FM, catering to diverse audiences across India and internationally. The company's commitment to delivering high-quality programming and innovative content has earned it a strong reputation in the industry. Its diverse product range includes music, talk shows, news, and other entertainment offerings, reaching a wide range of listeners.Entertainment Network Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 872.84 Crore | Market valuation of Entertainment Network's shares. |
| Revenue (TTM) | 573.71 Crore | Total revenue generated by Entertainment Network over the past twelve months. |
| Net Income (TTM) | +30.41 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -2.85% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +5.3% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+18.89% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio |
24.94 | Company's total debt divided by total shareholder equity. |
| Total Debt | 192.65 Crore | Sum of Entertainment Network's current & long-term financial obligations. |
| Total Cash | 381.04 Crore | Total amount of liquid funds available to Entertainment Network. |
| Beta | 0.73 | Beta is less than 1 indicating that the Entertainment Network's price is less volatile than the market. |
Is Entertainment Network A Good Buy For Long Term?
Entertainment Network, a small-cap stock with a market capitalization of ₹872.84 crore, presents a mixed picture for long-term investors. While it boasts a healthy cash balance of ₹381.04 crore (Q2 2024-25) and generated ₹30.41 crore in net profit (TTM), a significant debt of ₹192.65 crore (Q2 2024-25) and a low profit margin of 5.3% are concerning. Negative returns over the past 3, 6, and YTD periods (-30.18%, -35.36%, -3.42% respectively) raise further caution. Although the past 3-year return is positive (11.17%), the five-year return of -71.37% is alarming. Overall, it's currently a not a good buy for long-term investment. Further investigation into the reasons behind the recent negative performance and debt levels is crucial before considering any investment.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
