Media Stocks to Invest in India

Explore the popular media stocks in India, including leading companies in television, OTT platforms, and digital content.
Media Stocks to Invest in India
3 min
24-April-2025
Media stocks in India have become increasingly popular among investors, driven by the expanding digital landscape, rising demand for entertainment, and a growing middle class. The media sector in India includes television, print media, online platforms, and radio broadcasting, with large companies dominating the market. As consumer preferences shift towards digital platforms and OTT services, these companies offer attractive investment opportunities. With the Indian media industry expected to grow at a rapid pace, media stocks are positioned to benefit from this upward trend. In this article, we explore some of the leading media stocks in India, their performance, and investment considerations.

Popular media stocks


India’s media sector has seen significant growth, especially in digital content and entertainment, presenting several lucrative opportunities for investors. The rise of OTT platforms, television broadcasting, and online news portals has driven the demand for media stocks. Some leading media companies, such as Sun TV Network Ltd, Zee Entertainment Enterprises, and TV Today Network, have established themselves as key players in the industry. These companies benefit from their diversified business models, which include television broadcasting, digital platforms, and production. Investors looking for consistent returns and exposure to India’s media growth should consider these stocks for long-term investments.

List of media stocks in India

Media stocks in India represent companies engaged in television broadcasting, digital media, print, and entertainment. These stocks are influenced by advertising revenues, viewership trends, and regulatory policies. Investors consider media stocks for long-term growth potential and sectoral diversification. Below is a list of prominent media stocks in India, along with their market capitalisation, to help investors make informed decisions

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Company NameMarket Capitalisation (Rs.)
Sun TV Network Ltd33,000 crores
Zee Entertainment Enterprises Ltd21,000 crores
Sri Adhikari Brothers Television Network Ltd2,500 crores
Zee Media Corporation Ltd5,000 crores
TV Today Network Ltd3,000 crores
New Delhi Television Ltd4,000 crores
Raj Television Network Ltd1,200 crores
Diksat Transworld Ltd300 crores
TV Vision Ltd800 crores
Sadhna Broadcast Ltd200 crores
D.B. Corp Ltd10,000 crores
Diligent Media Corp Ltd1,500 crores
Graphisads Limited50 crores
Hindustan Media Ventures Ltd2,500 crores
HT Media Limited6,500 crores


Overview of media stocks


Media stocks in India represent companies involved in television broadcasting, print media, digital media, and advertising services. The Indian media sector has experienced rapid growth due to increased demand for entertainment, news, and digital content. With the rise of OTT platforms, the sector has evolved, creating more investment opportunities in media stocks. Key players in the market are benefiting from diversified business models, which include television channels, newspapers, digital platforms, and content production. As consumer preferences shift towards online content, investors must consider factors such as company growth potential, financial stability, and content quality when choosing media stocks for their portfolios.

Sun TV Network Ltd


Sun TV Network Ltd is one of the leading television broadcasters in India, with a strong presence across southern India. The company owns several popular television channels, including Sun TV, KTV, and Surya TV, along with a strong digital presence. The company has a significant market share in the regional entertainment sector and benefits from a diversified revenue stream, including advertising, subscription, and content production. The company’s strong brand and expanding digital footprint make it an attractive investment option for long-term growth, especially given the increasing demand for regional content in India.

Zee Entertainment Enterprises Ltd


Zee Entertainment Enterprises Ltd is one of India’s largest media companies, offering a diverse portfolio of television channels, OTT services, and content production. It has a presence across various regional languages and genres, with a vast content library that appeals to a broad audience. Zee’s move into digital platforms through ZEE5 has further expanded its reach. The company’s market position is strengthened by its solid advertising revenue model and consistent content output. As digital consumption in India grows, Zee Entertainment is well-positioned to capitalise on these trends, making its stock a strong contender for investors.

Sri Adhikari Brothers Television Network Ltd


Sri Adhikari Brothers Television Network Ltd operates primarily in the television broadcasting sector, offering content in several languages. Known for its strong regional presence, the company runs channels such as SAB TV and various regional channels. While it is a relatively smaller player in the media sector, it has witnessed steady growth due to its strong programming and viewer loyalty. The company’s focus on regional content positions it well for future growth, especially as local-language channels continue to expand in India’s diverse media landscape. Investors seeking exposure to regional broadcasters may consider this stock.

Zee Media Corporation Ltd


Zee Media Corporation Ltd operates various news and entertainment channels in India, including Zee News, Zee Business, and Zee 24 Taas. The company has a well-established presence in the media sector, especially in news broadcasting, and is recognised for its national reach. Zee Media’s financial performance is supported by advertising revenue, subscription fees, and its digital news platform. As the demand for news and infotainment channels grows, Zee Media’s stock remains an attractive option for investors. The company’s future growth prospects lie in enhancing its digital news offerings and regional expansion.

TV Today Network Limited


TV Today Network Ltd is an Indian television news network that owns popular channels such as Aaj Tak, Tez, and India Today. The company is known for its strong journalistic presence and credibility in the Indian news media space. TV Today’s wide reach and high viewership make it a leading player in the television news sector. The company’s performance is driven by advertising revenue and its growing digital presence. Investors looking for stable returns from the news media segment can consider TV Today Network as a viable investment option, particularly as digital news consumption continues to rise.

New Delhi Television Ltd


New Delhi Television Ltd (NDTV) is a prominent media company in India known for its news and current affairs programming. The company operates leading news channels such as NDTV 24x7, NDTV India, and NDTV Profit. NDTV is well-regarded for its credible reporting and in-depth analysis, making it a trusted name in the Indian media sector. Despite facing competition from other news channels, NDTV’s strong brand, digital initiatives, and growing audience base position it for long-term growth. Investors can expect consistent performance from NDTV, given its well-established reputation in the news broadcasting space.

Raj Television Network Ltd


Raj Television Network Ltd is a regional television broadcaster primarily serving southern India. The company operates multiple Tamil-language channels, including Raj TV, Raj News, and Raj Music. Raj Television has built a loyal audience in its regional markets, particularly in Tamil Nadu. While smaller in size compared to other media giants, Raj Television has the potential for growth, particularly as regional content continues to see increasing demand. The company’s focus on localised programming and entertainment makes it an attractive option for investors seeking exposure to the regional broadcasting segment of India’s media landscape.

Diksat Transworld Ltd


Diksat Transworld Ltd is a relatively smaller player in the Indian media sector, primarily engaged in broadcasting and satellite services. The company provides television services to various regional markets and is focused on expanding its subscriber base. Although it operates on a smaller scale, Diksat’s growth potential lies in the increasing penetration of satellite television in underserved areas. For investors looking to tap into the regional media broadcasting space, Diksat presents an opportunity, though caution is needed given its small market share compared to larger media companies.

TV Vision Ltd


TV Vision Ltd operates regional television channels in India, focusing on delivering content to niche audiences. The company’s channels cater to specific regional markets, providing localised content that resonates with viewers. Although it is a smaller player in the broader media sector, TV Vision’s focus on regional broadcasting and local advertising revenue could drive steady growth in the coming years. Investors seeking exposure to regional media companies with high growth potential may consider TV Vision as a worthwhile investment option, especially as demand for local-language content increases.

Sadhna Broadcast Ltd


Sadhna Broadcast Ltd is a relatively lesser-known player in the Indian media industry, primarily engaged in television broadcasting. The company operates Sadhna TV, a channel that caters to a specific target audience interested in spiritual and religious content. While its market share is smaller compared to larger media companies, its focus on niche programming allows it to carve out a distinct presence in the broadcasting market. Investors looking for unique and emerging opportunities in India’s media sector may find Sadhna Broadcast an intriguing choice, though it carries higher risk due to its limited audience.

D.B. Corp Ltd


D.B. Corp Ltd, also known as the owner of the popular Hindi daily newspaper Dainik Bhaskar, is a leading media company in India with a diverse presence in print, digital, and broadcasting. The company operates several regional newspapers and has expanded its digital footprint through its news platform, DB Digital. D.B. Corp’s strong position in the print media market is complemented by its growing digital presence, making it a solid investment choice for those looking to diversify into both traditional and digital media. The company’s consistent performance and strong brand make it an attractive option for investors.

Diligent Media Corp Ltd


Diligent Media Corp Ltd is a media company primarily engaged in publishing the DNA (Daily News and Analysis) newspaper. The company also operates a digital news platform, reaching a large online audience. While Diligent Media’s market share is smaller compared to other established media companies, it has made significant strides in the digital space. The company’s ability to adapt to the evolving media landscape, coupled with its expanding online readership, positions it for growth. Investors looking for exposure to print and digital news sectors may find Diligent Media an interesting option.

Graphisads Limited


Graphisads Ltd is a small media company involved in advertising and outdoor media services. The company provides innovative advertising solutions across India, with a particular focus on outdoor media and print advertising. Graphisads’ limited presence in the broadcast and digital media space makes it a smaller player in the industry. However, its niche focus on advertising offers potential growth, particularly as outdoor advertising continues to evolve in India’s rapidly expanding urban landscape. Investors seeking smaller, specialised media stocks may find Graphisads a good fit for their portfolios.

Hindustan Media Ventures Ltd


Hindustan Media Ventures Ltd is a prominent player in the Indian media sector, primarily engaged in the publication of the Hindustan newspaper. The company also operates digital platforms that complement its print business. Hindustan Media Ventures has a strong regional presence, particularly in northern India, and benefits from a loyal reader base. As the media landscape shifts towards digital consumption, the company is well-positioned to capture growing online readership. Investors interested in print and digital media integration may find Hindustan Media Ventures an attractive investment.

HT Media Limited


HT Media Ltd, the owner of Hindustan Times, is one of India’s largest media companies with a diversified presence across print, digital, and radio broadcasting. The company’s portfolio includes popular newspapers, digital platforms, and radio stations like Radio Mirchi. HT Media has seen a steady shift towards digital media, complementing its traditional print business. As India’s digital media landscape continues to grow, HT Media’s diversified model provides a balanced investment opportunity. Investors looking for a mix of traditional and digital media exposure may find HT Media a solid option in their portfolios.

What are media stocks?


Media stocks refer to shares of companies that operate in the media industry, including television networks, publishing houses, digital platforms, and advertising agencies. These companies generate revenue through advertising, subscription fees, and content production. Media stocks offer investors exposure to the entertainment, news, and advertising sectors. Given the rapid growth of digital media and changing consumer preferences, media stocks are an attractive investment option for those seeking to benefit from the ongoing transformation in the media landscape. Investors should assess factors like audience reach, content quality, and digital expansion potential when evaluating media stocks.

Features of media stocks in India

  • Diverse segments – Media stocks cover television broadcasting, print, radio, and digital platforms, offering multiple revenue streams.
  • Advertising-driven revenue – A significant portion of income comes from advertising, making stock performance sensitive to ad spending trends.
  • Subscription-based earnings – Companies with OTT platforms generate recurring revenue through subscriptions, ensuring financial stability.
  • Content monetisation – Media firms earn from licensing, syndication, and pay-per-view models, enhancing profitability.
  • Digital transformation – Increased investment in digital platforms and OTT services attracts a younger, tech-savvy audience.
  • Regulatory impact – Media companies must comply with government policies, content regulations, and broadcasting rules, affecting operations.
  • Market volatility – Media stocks fluctuate based on consumer preferences, advertising demand, and economic conditions, requiring careful investment planning.

Factors to consider when investing in the media stocks in India 2025

  • Financial stability – Assess the company’s revenue, profit margins, debt levels, and cash flow to determine long-term sustainability.
  • Revenue diversification – Companies with multiple income sources, such as advertising, subscriptions, and content sales, tend to be more resilient.
  • Digital presence – Strong investment in digital media and OTT platforms signals adaptability to changing consumer behaviour.
  • Brand value and market reach – Established brands with a loyal audience attract higher advertising revenue and sponsorships.
  • Regulatory framework – Government policies, broadcasting laws, and content restrictions can impact business growth and profitability.
  • Economic factors – Advertising budgets shrink during economic downturns, affecting revenue, so evaluating industry trends is crucial.
  • Competitive landscape – Companies with strong content, distribution networks, and partnerships are better positioned for future growth.

How to invest in media stocks listed in NSE?

  • Open a demat and trading account – Register with a SEBI-registered stockbroker to start investing in NSE-listed stocks.
  • Identify media stocks – Research NSE-listed media companies, their market capitalisation, and financial performance.
  • Analyse company fundamentals – Evaluate revenue trends, profit margins, debt levels, and digital expansion strategies.
  • Track stock performance – Study price movements, market trends, and industry outlook before making a purchase.
  • Diversify investments – Avoid overexposure to a single stock by balancing your portfolio across different media segments.
  • Stay updated on regulations – Follow government policies and broadcasting rules that may impact media companies.
  • Consult a financial advisor – Seek professional advice for investment strategies and risk management in media stocks.

Impact of government policies on media shares in India


Government policies play a significant role in the media sector in India. These policies impact aspects like content regulation, advertising revenue, and foreign investment in media companies. Changes in regulatory frameworks can directly influence media companies’ ability to generate revenue. For instance, the government’s stance on content censorship, advertising rules, and ownership restrictions can all affect the performance of media stocks. Investors need to stay informed about potential policy changes that could affect media companies. The government’s support for digital media initiatives and broadcasting regulations will shape the future of the sector.

How media stocks in NSE perform in economic downturns?


Media stocks in India, like other sectors, are not immune to the effects of economic downturns. During times of economic uncertainty, advertisers tend to reduce their budgets, impacting the revenue of media companies. However, media companies with a strong digital presence may perform better during economic downturns as online advertising remains robust even when traditional media suffers. Furthermore, regional media companies may be less affected, as they rely on local advertising, which can be more stable. Media stocks, therefore, can be more resilient depending on their business diversification, audience reach, and digital expansion.

Advantages of investing in media company stocks in India

  • Growing demand – The increasing consumption of entertainment, news, and digital content ensures steady revenue streams for media companies.
  • Digital expansion – The rise of OTT platforms and online media enhances growth opportunities beyond traditional broadcasting.
  • Multiple revenue sources – Media firms generate income through advertising, subscriptions, content syndication, and licensing.
  • Resilient industry – The media sector remains essential regardless of economic conditions, ensuring long-term sustainability.
  • High advertising revenues – Companies with strong brand value attract major advertisers, boosting profitability.
  • Diverse market segments – Media firms operate in TV, print, radio, and digital platforms, reducing risk through diversification.
  • Portfolio diversification – Investing in media stocks allows investors to tap into India’s rapidly evolving entertainment and information sector.

Risks of investing in media company stocks in India

  • Advertising dependency – A major revenue source, ad income fluctuates with market conditions, impacting earnings.
  • Regulatory challenges – Government policies, content restrictions, and broadcasting regulations can affect business operations.
  • Technological disruption – Rapid shifts in digital trends require companies to continuously innovate to stay competitive.
  • Market competition – Increasing competition from global streaming platforms and digital startups can erode market share.
  • Consumer behaviour shifts – Changes in content consumption preferences may impact traditional media firms.
  • Economic downturns – Media stocks are vulnerable to reduced ad spending and lower subscription revenues during slow economic periods.
  • Regional dependence – Overreliance on specific geographies or content categories may limit scalability and diversification.

Media stocks India’s GDP contribution


The media sector in India contributes significantly to the country’s GDP, driven by its diverse range of industries, including broadcasting, print media, digital platforms, and advertising. The rapid growth of digital media and the expansion of OTT platforms have further enhanced the sector’s contribution to the economy. Media companies provide jobs, boost advertising revenues, and contribute to cultural and entertainment growth. As the digital media landscape grows, the contribution of media stocks to India’s GDP is expected to increase, benefiting investors and contributing to overall economic development.

Who should invest in media stocks in India?


Media stocks in India are suitable for investors looking to tap into the growing media and entertainment sector. These stocks offer long-term growth potential, especially as digital consumption continues to rise in the country. Investors with a high-risk tolerance and a keen interest in India’s entertainment and digital transformation should consider media stocks. Additionally, investors seeking diversification in their portfolios may find media stocks appealing, given their ability to deliver strong returns during periods of high demand for entertainment and news content. It’s essential to do thorough research or consult financial advisors before investing.

Conclusion


The Indian media industry offers numerous opportunities for investors looking to diversify their portfolios. With the continued expansion of digital media, television, and content production, media stocks in India provide promising growth potential. While there are risks associated with changes in consumer preferences and regulatory shifts, the advantages offered by these stocks make them an attractive investment. Investors should assess each company’s financial performance, market share, and digital initiatives before making decisions. By investing in leading media stocks, investors can benefit from the sector’s ongoing evolution and India’s growing media consumption.

Frequently asked questions

Is it safe to invest in media stocks?
Investing in media stocks carries both opportunities and risks. While leading media companies benefit from advertising revenue, digital growth, and content expansion, the industry faces challenges like regulatory changes, competition, and economic downturns. Diversifying investments and choosing financially strong media stocks can help mitigate risks. Investors should analyse revenue sources, market trends, and company fundamentals before making investment decisions.

How to invest in media stocks?
To invest in media stocks, open a Demat and trading account with a registered brokerage. Research media companies based on revenue growth, advertising trends, and digital expansion. Use online trading platforms to buy shares of listed media companies like Zee Entertainment or Sun TV Network. Staying updated with industry trends, financial reports, and regulatory changes helps investors make better long-term investment decisions.

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