Network18 Media and Investments Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27
- July 2, 2026
- Posted by: Lakshit Sharma
- Category: News
Network18 Rs 26.22 (6 Oct 2026 close). 52-week range Rs 25.02 to Rs 53.24. Q1 FY27 net loss Rs 38.4 cr on revenue Rs 516 cr.
Quick Answer
The Network18 Media and Investments share price target for 2026 is Rs 24 to Rs 29, which is between 8 percent below and 11 percent above the last close of Rs 26.22, with bull and bear cases of Rs 33 to Rs 40 and Rs 17 to Rs 20. Network18 Media and Investments reported a Q1 FY27 consolidated net loss of Rs 38.36 crore against a profit of Rs 148.85 crore a year ago, on operating revenue up 10.3 percent to Rs 516.3 crore. Operating EBITDA rose 80 percent to only Rs 8 crore, the stock has halved in a year to a 52-week low, and it trades at 0.82 times book value with no PE multiple because of the loss. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario.
The Network18 Media and Investments share price target for 2026 is Rs 24 to Rs 29 in the Univest base case, with the stock at Rs 26.22 at the 6 October 2026 close. That is 50.8 percent below its 52-week high of Rs 53.24 and 4.8 percent above its 52-week low of Rs 25.02, and the stock moved down 50.0 percent over the past year. Network18 Media and Investments is a Reliance group media firm with news broadcasting, digital and entertainment holdings. Debt to equity is 0.67 and the company pays no dividend.
Three things changed since the last update: Q1 FY27 results in mid-July showed a net loss, the stock fell 4.2 percent to Rs 30.43 on the day, and it then made fresh 52-week lows of Rs 25.7 in mid-September and Rs 25.02 in late September. This Network18 Media and Investments stock analysis covers the Network18 Media and Investments share price today, the Network18 Media and Investments share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Network18 Media and Investments buy or sell view.
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What Is the Network18 Media and Investments Share Price Target for 2026?
The 2026 target for Network18 Media and Investments shares is Rs 24 to Rs 29 in the Univest base case, which is -8.5% to +10.6% against the last close. The bull case is Rs 33 to Rs 40 and the bear case is Rs 17 to Rs 20. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.
Network18 Media and Investments Share Price Target Scenarios: Bull Case, Base Case and Bear Case
| Scenario | FY28E Book Value | Target Multiple | Price Target (Rs) | Move vs Rs 26.22 |
|---|---|---|---|---|
| Bull Case | Rs 33 | 1x to 1.2x | 33 to 40 | +25.9% to +52.6% |
| Base Case | Rs 32 | 0.75x to 0.9x | 24 to 29 | -8.5% to +10.6% |
| Bear Case | Rs 31 | 0.55x to 0.65x | 17 to 20 | -35.2% to -23.7% |
Network18 loses money, so the ranges use price to book value with a Univest book value assumption of Rs 32 per share for FY28. The base case of 0.75 to 0.9 times sits below the current 0.82 times at the low end, and the bull case needs the company to return to profit. The PE multiple does not apply because of the loss, so the table uses price to book in place of an EPS estimate, and the book value is a Univest assumption, not company guidance. Those assumptions set the Network18 Media and Investments share price target range around the current price.
Network18 Media and Investments Company Overview and Share Price Today as of 6 October 2026
Network18 Media and Investments share price today is Rs 26.22 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 4,051 crore, and trailing earnings are negative, so the stock trades on book value. The Univest base case Network18 Media and Investments share price target of Rs 24 to Rs 29 is -8.5% to +10.6% from here. The table below sets out the key numbers behind the Network18 Media and Investments share price target.
| Parameter | Value | Context |
|---|---|---|
| NSE Ticker | NETWORK18 | BSE code 532798 |
| Sector | Media and broadcasting | Per Univest sector classification |
| Last Close (NSE) | Rs 26.22 | 6 Oct 2026 close |
| 52-Week High | Rs 53.24 | CMP is 50.8% below |
| 52-Week Low | Rs 25.02 | CMP is 4.8% above |
| 1-Year Return | About -50% | Weekly close Rs 52.4 on 10 Oct 2025 to Rs 26.22 |
| Market Capitalisation | Rs 4,051 crore | Small cap media company |
| Trailing P/E | Not applicable (loss) | Industry P/E about 7.84x |
| P/B Ratio | About 0.82x | Book value Rs 31.93 per share |
| EPS (TTM) | Rs -0.21 | Trailing twelve months |
| Return on Equity | About 0.7% | Debt to equity 0.67 |
| Dividend Yield | Nil | No dividend |
| 12-Month Target (Base Case) | Rs 24 to Rs 29 | Univest base case |
| Bull Case | Rs 33 to Rs 40 | +25.9% to +52.6% |
| Bear Case | Rs 17 to Rs 20 | -35.2% to -23.7% |
How Did Network18 Media and Investments Perform in Q1 FY27?
Network18 Media and Investments reported Q1 FY27 consolidated operating revenue of Rs 516.3 crore, up 10.3 percent from Rs 467.9 crore, and a consolidated net loss of Rs 38.36 crore against a profit of Rs 148.85 crore a year ago. Operating EBITDA rose 80 percent to Rs 8 crore. Together these Q1 FY27 numbers anchor the Network18 Media and Investments share price target.
| Metric | Q1 FY27 | Context |
|---|---|---|
| Operating Revenue | Rs 516.3 crore | Up 10.3% YoY |
| Consolidated Net Loss | Rs 38.36 crore | Against a profit of Rs 148.85 crore |
| Operating EBITDA | Rs 8 crore | Up 80% YoY |
| Total Expenses | Rs 596.5 crore | Revenue Rs 516.3 crore |
| Standalone Net Loss | Rs 77.92 crore | Revenue Rs 475.3 crore |
| Book Value per Share | Rs 31.93 | Price to book 0.82x |
State elections lifted news advertising, but costs rose faster than revenue. The prior-year profit included a one-off gain, so the swing to a loss overstates the fall in the underlying business. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Network18 Media and Investments share price target.
Why Is Network18 Share Price Down 50 Percent in a Year?
Network18 shares are down about 50 percent in a year because the company keeps reporting losses and sales have declined over several years. The stock fell from Rs 53.24 in the week of 6 October 2025 to Rs 25.02 in the week of 28 September 2026.
After the Q1 FY27 loss it fell 4.2 percent to Rs 30.43 on 16 July and then lost ground in six straight sessions to a low of Rs 25.7 on 16 September. Reports note falling institutional holding and high debt. The Network18 Media and Investments share price target scenarios below account for that move.
Key Catalysts for the Network18 Media and Investments Share Price Target in 2026
4 catalysts matter most for the Network18 Media and Investments share price target, and sector tailwinds in Media and broadcasting are part of the case. Together they decide whether the base case is reached.
1. Election Advertising
State elections lifted news ad spending and revenue grew 10.3 percent. More event-driven advertising would help. If it plays out, the Network18 Media and Investments share price target moves toward the top of the base range.
2. Cost Control
Operating EBITDA rose 80 percent to Rs 8 crore on tight costs. A path to higher EBITDA would narrow losses. Strength here would support the upper end of the Network18 Media and Investments share price target.
3. Group Backing
Network18 is part of the Reliance group, which gives access to funding and content. Group support lowers the risk of distress. Delivery on this point keeps the Network18 Media and Investments share price target on track.
4. Low Price to Book
The stock trades at 0.82 times book value. A return to profit could narrow the discount. Better news here would lift the Network18 Media and Investments share price target toward the bull case.
What Are the Key Risks to the Network18 Media and Investments Share Price Target?
The main risks are continuing losses, weak advertising, high debt and falling investor interest. Each can pull the Network18 Media and Investments share price target lower.
Continuing Losses
The company lost Rs 38.36 crore in Q1 FY27 and Rs 29.61 crore in Q4 FY26. More losses would cut book value. If it materialises, the Network18 Media and Investments share price target would slip toward the bear case.
Weak Advertising
Revenue depends on advertising, which swings with events and economy. A dip would widen the loss. This is the main downside risk to the Network18 Media and Investments share price target.
High Debt
Debt to equity is 0.67. Interest costs add to the loss. A worsening here would cut the Network18 Media and Investments share price target toward the low end of the range.
Falling Investor Interest
Reports note falling institutional holding. A bear case of 0.55 times book value of Rs 31 would put the price near Rs 17. Watch it closely, because it can pull the Network18 Media and Investments share price target lower quickly.
Network18 Media and Investments Stock Analysis: Support and Resistance Levels for the Share Price Target
Network18 Media and Investments stock analysis on weekly charts shows a range of Rs 25 to Rs 27.40 since mid-September, with the stock at the lower end.
The first support level is Rs 25.02 to Rs 25.30, the lows of the weeks of 28 September and 5 October. Below that there is no weekly support, as Rs 25.02 is the 52-week low.
The first resistance level is Rs 26.41 to Rs 26.79, the highs of the weeks of 5 and 28 September. Above that, Rs 27.20 to Rs 28.50 marks the September highs and Rs 29.50 to Rs 31.70 marks the July and August levels. These levels come from weekly price action, are not trade recommendations, and frame the near-term Network18 Media and Investments share price target.
Network18 Media and Investments Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term
Short-Term Network18 Media and Investments Share Price Target (3 to 6 Months)
In the near term the stock is likely to trade between Rs 25 and Rs 28.50, from the 52-week low to the early-September high. A close above Rs 26.79 would put Rs 28.50 in play, while a weekly close under Rs 25.02 would open a fresh 52-week low. The Q2 FY27 results are the main trigger. This range anchors the near-term Network18 Media and Investments share price target.
12-Month and 2027 Network18 Media and Investments Share Price Target
The 12-month target price is Rs 24 to Rs 29, valued on 0.75 to 0.9 times FY28 book value of Rs 32. The range across scenarios runs from Rs 17 in the bear case to Rs 40 in the bull case.
Long-Term Network18 Media and Investments Share Price Target for FY29 to 2030
For FY29 to 2030 the Univest scenario range is Rs 27 to Rs 40. This assumes book value of Rs 34 in FY29 and Rs 36 in FY30 and a multiple of 0.8 to 1.1 times. It needs losses to end and the news and digital businesses to earn a steady operating profit. This is the long-term Network18 Media and Investments share price target in the Univest scenarios.
Bull Case and Bear Case for Network18 Media and Investments Share Price Target
Bull Case Rs 33 to Rs 40
The bull case of Rs 33 to Rs 40 for the Network18 Media and Investments share price target needs book value of Rs 33 and the market to pay 1 to 1.2 times for it. It is +25.9% to +52.6% from the last close.
Bear Case Rs 17 to Rs 20
The bear case of Rs 17 to Rs 20 for the Network18 Media and Investments share price target equals 0.55 to 0.65 times FY28 book value of Rs 31 and sits below the Rs 25.02 low. It is -35.2% to -23.7% from the last close.
Is Network18 Media and Investments a Good Buy at Rs 26.22? Network18 Media and Investments Buy or Sell View
Whether Network18 Media and Investments is a buy at Rs 26.22 depends on horizon and risk appetite. The base case sits between 8 percent below and 11 percent above the current price, the stock is 51 percent below its high, and the open question is when losses end. The Network18 Media and Investments share price target range is the starting point for that decision.
Long-term holders may focus on losses, advertising and book value, and treat Rs 25.02 as the level to watch. Short-term traders may prefer to wait for a close above Rs 26.79. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Network18 Media and Investments buy or sell view is educational.
How to Invest in Network18 Media and Investments Shares
Step 1: Check the live price, valuation and the latest Network18 Media and Investments share price target range on the Univest Screener.
Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Network18 Media and Investments share price target.
Step 3: Search for NETWORK18 on the NSE or 532798 on the BSE in your trading app.
Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 17 is bearable.
Step 5: Track advertising revenue, losses and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Network18 Media and Investments share price target.
Conclusion
Network18 Media and Investments closed at Rs 26.22 against a Univest base case share price target of Rs 24 to Rs 29, a bull case of Rs 33 to Rs 40 and a bear case of Rs 17 to Rs 20. Q1 FY27 delivered revenue growth of 10.3 percent and a net loss of Rs 38.36 crore. The main risks are continuing losses, weak advertising and debt.
The stock is 50.8 percent below its 52-week high, so the base case sits between 8 percent below and 11 percent above the current price. The triggers to watch are advertising revenue, losses and Q2 FY27 results and the Rs 25.02 and Rs 26.79 levels. Re-check the Network18 Media and Investments share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.
Download the Univest iOS App or Univest Android App to track Network18 Media and Investments live price and get daily stock recommendations.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Network18 Media and Investments Share Price Target 2026
What is the Network18 Media and Investments share price target for 2026?
Ans. The Network18 Media and Investments share price target for 2026 is Rs 24 to Rs 29 in the Univest base case, with a bull case of Rs 33 to Rs 40 and a bear case of Rs 17 to Rs 20. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.
What is the Network18 Media and Investments share price target for 2027?
Ans. The Network18 Media and Investments share price target for 2027 is Rs 24 to Rs 29 in the base case, valued on 0.75 to 0.9 times FY28 book value of Rs 32. The scenario range runs from Rs 17 to Rs 40.
Is Network18 Media and Investments a good buy at Rs 26.22?
Ans. Whether Network18 Media and Investments is a good buy at Rs 26.22 depends on your horizon, risk appetite and how you read the Network18 Media and Investments share price target. The stock trades below book value, but the company is loss-making and the stock is at a 52-week low. Consult a SEBI-registered advisor before investing.
What are the key risks to the Network18 Media and Investments share price target?
Ans. The key risks to the Network18 Media and Investments share price target are continuing losses, weak advertising, high debt and falling investor interest. The company lost Rs 38.36 crore in Q1 FY27 and Rs 29.61 crore in Q4 FY26. More losses would cut book value.
What are the key catalysts for the Network18 Media and Investments share price target?
Ans. The key catalysts for the Network18 Media and Investments share price target are election advertising, cost control, group backing and low price to book. State elections lifted news ad spending and revenue grew 10.3 percent. More event-driven advertising would help.
Where can I track Network18 Media and Investments share price today and Network18 Media and Investments share price target updates?
Ans. You can track the live Network18 Media and Investments share price, results and any change to the Network18 Media and Investments share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.
What are Network18 Media and Investments’s 52-week high and low?
Ans. Network18 Media and Investments’s 52-week high is Rs 53.24 and its 52-week low is Rs 25.02, based on weekly NSE data. At Rs 26.22 the stock is 50.8 percent below the high and 4.8 percent above the low. Both levels frame the Network18 Media and Investments share price target.
How to buy Network18 Media and Investments shares?
Ans. Open a demat account with a SEBI-registered broker such as Univest, search for NETWORK18 on the NSE or 532798 on the BSE, and place a limit order near your entry price, using the Network18 Media and Investments share price target range as a guide. Size the position so a fall to Rs 17 is bearable, and check the live price on the Univest Screener first.