Ortel Communications, cable television and broadband provider in eastern India aims to almost double its revenue generating units (RGUs) to a million by March 2017, up from the existing 530,111 units. The company’s expansion plan over the next two years is estimated to cost Rs 250-300 crore.
The company’s plans to soon foray into Telengana and Madhya Pradesh, it hit the capital market in March and raised Rs 108 crore, a major part of the expansion cost will be met from IPO proceeds. While the equity part in the new investment will be around Rs 100 crore, the residual funding would be a mix of debt and internal accrual.
The company pioneered the primary point cable business model in India by offering digital and analog cable television, broadband and VAS services in Orissa, Chhattisgarh, West Bengal and Andhra Pradesh.
Company Name | CMP |
---|---|
Zee Entertainment | 117.15 |
Sun TV Network | 741.15 |
GTPL Hathway | 139.55 |
Den Networks | 43.16 |
TV Today Network | 189.50 |
View more.. |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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