DEN Networks Ltd is one of India’s leading cable and broadband service providers, known for delivering quality entertainment and connectivity. Established in 2007, the company operates a vast network that offers cable TV and high-speed internet services to millions of homes nationwide. DEN Networks is focused on innovation and customer satisfaction, constantly upgrading its services to meet the needs of modern digital households. DEN Networks Share Price on NSE as of 30 December 2024 is 41.46 INR. Here are more details on DEN Networks Share Price Target 2024, 2025, 2026 to 2030.
DEN Networks Ltd: Market Overview
- Open: ₹41.49
- High: ₹41.68
- Low: ₹40.88
- Previous Close: ₹41.43
- Volume: 230,453.00
- Value (Lacs): ₹95.08
- VWAP: ₹41.19
- P/E ratio: 8.80
- UC Limit: ₹49.71
- LC Limit: ₹33.14
- 52 Week High: ₹69.40
- 52 Week Low: ₹40.01
- Mkt Cap (Rs. Cr.): ₹1,969
- Face Value: ₹10.00
Den Networks Share Price Chart
Den Networks Share Price Target Tomorrow 2024 To 2030
Den Networks Share Price Target Years | Share Price Target |
2024 | ₹70 |
2025 | ₹90 |
2026 | ₹110 |
2027 | ₹130 |
2028 | ₹150 |
2029 | ₹170 |
2030 | ₹190 |
Den Networks Share Price Target 2024
Den Networks share price target 2024 Expected target could be ₹70. Here are four key factors that could affect Den Networks Ltd’s share price target for 2024:
- Expansion of Broadband Services: Growing demand for high-speed internet in both urban and rural areas presents significant opportunities for Den Networks to expand its customer base and revenue.
- Technological Advancements: Adoption of advanced technologies, such as fiber-optic networks, can improve service quality and attract more subscribers, boosting the company’s growth.
- Government Initiatives: Policies promoting digital connectivity, such as Digital India, can enhance market opportunities for Den Networks, especially in underserved areas.
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Partnerships and Collaborations: Strategic alliances with content providers, streaming platforms, or telecom companies can diversify offerings and enhance revenue streams.
Den Networks Share Price Target 2025
Den Networks share price target 2025 Expected target could be ₹90. Here are four key factors that could affect Den Networks Ltd’s share price target for 2025:
- Rising Digital Penetration: With increasing internet adoption and smart device usage across India, Den Networks can capitalize on the growing demand for broadband and digital services.
- Shift to OTT Platforms: Collaboration with Over-The-Top (OTT) platforms and integrating them into cable or broadband packages can attract more customers and drive revenue growth.
- Network Expansion: Expanding into untapped rural and semi-urban areas, where digital connectivity is still growing, can significantly enhance the company’s market reach.
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Competitive Pricing and Bundled Services: Offering affordable plans and bundling cable TV with broadband services can attract cost-conscious consumers, fostering subscriber growth and increasing market share.
Den Networks Share Price Target 2030
Den Networks share price target 2030 Expected target could be ₹190. Here are four key factors that could affect Den Networks Ltd’s share price target for 2030:
- Adoption of Advanced Technologies: Investments in next-generation technologies like 5G integration, AI-driven user experiences, and cloud-based infrastructure could enhance service quality and boost customer retention.
- Rural Digital Expansion: With ongoing government initiatives to improve rural connectivity, Den Networks could capture a significant share of the untapped rural broadband and entertainment market.
- Evolving Consumer Preferences: The company’s ability to adapt to shifts toward on-demand content and OTT services by offering bundled or integrated solutions will be crucial for sustained growth.
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Strategic Partnerships: Collaborations with global tech and content providers can strengthen its market position, diversify offerings, and open new revenue streams in digital and entertainment services.
Shareholding Pattern For DEN Networks Ltd
- Promoters: 74.9%
- FII: 0.76%
- DII: 0.19%
- Public: 24.15%
DEN Networks Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 10.35B | -6.77% |
Operating expense | 2.53B | -8.21% |
Net income | 1.76B | -38.00% |
Net profit margin | 16.98 | -33.49% |
Earnings per share | — | — |
EBITDA | 725.00M | -42.30% |
Effective tax rate | 14.95% | — |
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