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Wire and Wireless from Zee group was earlier known as SITICable network. With CMP of 20 Rs company is priced at market cap of 932 cr. Not profit so far.
Expecting competition from DTH providers . Small investment can be considered in this stock for medium term.I am not expecting too much appreciation. But when market runs it doesn't matter where is profit and this is stock in a popular media and intertainment industry that can see wild swing .
Some big investments by funds like Fidelity gives some confidence about this .