Performance of Entertainment Sector - A Study of Selected Stocks of Indian Security Market

With more than 600 television channels, 100 million pay-TV households, 70,000 newspapers and 1,000 films produced annually, India's vibrant media and entertainment (M&E) industry provides attractive growth opportunities for both domestic and global investors. India's favourable regulatory environment and recent reforms are creating investment opportunities in a number of M&E sectors. Entry restrictions for foreign companies have been relaxed and foreign direct investment (FDI) caps have been recently increased in key sectors, including direct-tohome (DTH) and radio. This paper examines the key performances of top three television media companies in terms of profitability and other parameters so that decisions can be taken to invest in the shares of the same.