SSelectStock

DENDen Networks Limited

Telecom · Entertainment · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

DEN Networks Limited, a media and entertainment company, engages in the distribution of television channels to households through a digital cable distribution network in India. The company operates in Cable and Broadband segments. It distributes and promotes television channels; and provides visual entertainment through cable TV, over-the-top entertainment, and broadband services, as well as offers internet services. The company was incorporated in 2007 and is headquartered in New Delhi, India.

26.98
0.26%
31Weak

Mkt Cap
₹1,298 Cr
P/E
8.7
P/B
0.4
Div Yield
0.00%
52W High
₹37.35
52W Low
₹22.52

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,297.80
P/E8.68
P/B0.35
PEG
ROE %4.40
ROCE %-0.60
Debt / Equity0.01
EPS3.11
Revenue Growth %0.60
Profit Growth %-32.50
Dividend Yield %0.00
Promoter Holding %74.90
FII Holding %0.17
DII Holding %
Beta0.58

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 78%

Why avoid

  • Overall evidence is weak (AlgoScore 31/100)
  • Revenue growth: 0.6% YoY
  • Profit growth: -32.5% YoY
  • RSI: 38
  • MACD: bearish
  • Double Top bearish signal (setup quality 59%)

Bull case

  • Debt/Equity: 0.01
  • Promoter holding: 74.9%
  • Valuation vs sector: P/E 8.7 vs sector 21.0
  • Volatility: 32% annualized

Bear case

  • Revenue growth: 0.6% YoY
  • Profit growth: -32.5% YoY
  • RSI: 38
  • MACD: bearish

Key risks

  • Weak fundamentals — technical strength may not sustain
  • Momentum is fading versus the broader market
  • Revenue growth: 0.6% YoY
  • Profit growth: -32.5% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹26.98
Stop Loss
₹26.23
risk 2.8%
Target 1 (1.5R)
₹28.10
+4.2%
Target 2 (3R)
₹29.21
+8.3%
Support (20d)
₹26.50
Resistance (52w)
₹37.35
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.75/share
ATR (volatility)
₹0.74
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.74). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental36
Technical21
Momentum28
Risk (safety)46

Peers — Telecom

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CYBERMEDIA 1.43%
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PVRINOX 1.29%
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