keep you eye on Balaji Telefilms.

Sharekhan Research has maintained buy rating on the Balaji Telefilms, dated November 2, 2007. "Q2FY2008 results of Balaji Telefilms Ltd (BTL) have outperformed our expectations. BTL hiked the rates of some of its shows under the commissioned content category that led to a jump in realisations. BTL possesses a huge pile of cash and cash equivalents of Rs224 crore that led to a 182% year-on-year (y-o-y) increase in the other income to Rs6.4 crore. BTL has tied up for two shows on INX Media's forthcoming Hindi general entertainment channel and for another show on Sony to go on air in Q4FY2008