[icernet] Sound beating for media counters

[Arul Selvan]

Media and entertainment stocks have been hit hardby the ICC World Cup 
fever. As many as 10 media stocks have hit their 52-week lows on the 
Bombay Stock Exchange (BSE), while most of other major stocks have lost 
between 10-30 per cent from their values on February 7, 2003. Media 
major Zee Telefilms, television content providers Balaji Telefilms, Sri 
Adhikari Brothers, Cinevista, Creative Eye and other entertainment 
companies such as Padmalaya Telefilms, Macmillan India, Jain Studios, 
GDR Media and Unistar Media are among the major companies to have 
touched their 52-week lows on the BSE.


Source:
http://www.business-standard.com/archives/2003/mar/50070303.030.asp