Exit TV 18 at current levels

Rajen Shah of Angel Broking is of the view that TV 18 has run-up a lot so investors can exit at current levels.

Shah told CNBC-TV18, “TV 18 has run-up a lot; no doubt the company is doing pretty well as all the channels are doing well -CNN-IBN, which was launched about a year ago is also doing substantially well, so the future is very good. But the stock has run-up a lot so I would rather exit the stock at the current levels and maybe wait for a good correction in the stock or maybe even switch over to NDTV, which looks compelling at the current levels."

Disclosures: Analyst holds NDTV, Zandu as well as some multinational pharma companies.