The price of Tv18 is being supported by insider buying and while we can always extend that logic to create a favourable environment for the stock  the point is beyond a certain period of time what would matter is earnings and valuations.

 

The internet properties except for money control have not hit traction and while the company has diversified into a lot of related areas the actual process of converting all this into bottomline EPS growth could take some more time.

 

At these valuations Voltas provides diversity to the TED XI at a cheaper valuation.

 

Disclaimer: I have a vested interest in Voltas.

No idea of the valuation of the new entrant (Your study and judgement must be correct here because VOLTAS is a known and reputed name)

 

BUT REPLACING "TV 18" IS DEFINATELY VERY GOOD MOVE AND BOLD DECISION.

 

Keep the spirit up, sir!