07 April 2012

Jagran Prakashan: Buying scale and growth, but profits a long way away : Kotak Securities PDF link


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http://www.kotaksecurities.com/pdf/indiadaily/indiadaily03042012.pdf


Jagran Prakashan: Buying scale and growth, but profits a long way away
` Newsprint price the key near-term trigger; advertising likely to recover in
the medium term
` Details of Jagrans Nai Dunia acquisition
` Retain BUY with FY2013E fair value of Rs140 (Rs150 previously)

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