HT Media Consolidated September 2022 Net Sales at Rs 409.25 crore, up 10.66% Y-o-Y

HT Media fell 5.92% to Rs 21.45 after the company reported consolidated net loss of Rs 155.89 crore in Q2 September 2022 as against net profit of Rs 23.23 crore in Q2 September 2021.

HT Media slumps after dismal Q2 numbers

The Adani Group has been shuffling the top management in its airports business for more than a year. In April, the company appointed Harshad Jain, former CEO of HT Media-owned Next Media Works, as the CEO of Adani Airports’ non-aeronautical segment, replacing Ben Zandi.

Adani Airports appoints Ericsson veteran Arun Bansal as CEO in fresh management rejig

The report involved a pan-India survey of over 13,000 Indian consumers who read various HT Media platforms, and asked them to reveal their shopping and purchase channel preferences this festive season

1 out of 2 Indians plan to upgrade smartphones, reveals HT Media-Aroscop survey

The report involved a pan-India survey of over 13,000 Indian consumers who read various HT Media platforms, and asked them to reveal their shopping and purchase channel preferences this festive season.

1 out of 2 Indians planning to upgrade smartphones, reveals HT Media-Aroscop survey

[PARTNERED]

Watch the exclusive edition of CXO Connect Program: Blueprinting Future Proof Banking, powered by Red Hat in association with TechCircle and Mint, highlighting the trends changing the banking landscape and business blueprint for banking. Part of the discussion are Shalil Gupta, CBO, Mosaic Digital, An HT Media Company had an invigorating discussion with Avinash Raghavendra, Executive VP & Head-IT, Axis Bank, and Marshal Correia, VP and GM, India, South Asia, Red Hat.

Blueprinting Future Proof Banking: The next big innovation in banking to make it future-ready

HT Media Consolidated March 2022 Net Sales at Rs 420.90 crore, up 20.58% Y-o-Y

HT Media’s total expenses were at Rs 440.13 crore, up 16.20 per cent in Q3/FY 2021-22, as against Rs 378.75 crore.

HT Media Q3 Results: Profit jumps to Rs 51.23 cr, revenue up 36.8% to Rs 466.13 cr

Indian podcasts are available in Hindi, English, Telugu, Tamil, Bengali, Kannada, Gujarati, Marathi, and other vernacular languages

HT Media partners AdsWizz to bring India’s first programmatic podcast marketplace

This strategic relationship enables brands to access millions of listeners in India with real-time buying and selling of podcast advertising. Named “FabX”, this is the newest addition to HT media’s vast offering.

HT Media launches India’s 1st programmatic podcast marketplace in partnership with AdsWizz

In another transaction, Union Bank of India sold 61,373 shares of Royal Cushions and Vinyl Products at Rs. 9.4 apiece through a bulk deal on the BSE.

NSE-BSE bulk deals: HT Media sells stake in Suditi Industries

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

HT Media Limited is a conglomerate company with diversified interests in information, entertainment and education. The Company's segments include Printing and Publishing of Newspapers and Periodicals, Radio Broadcast & Entertainment and Digital.

HT Media Ltd