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Dish TV India rose 2.73% to Rs 84.55 at 12:11 IST on BSE after a foreign brokerage retained its buy rating on the company, saying improving margins was likely to lead to a rerating of the stock.
Meanwhile, the BSE Sensex was down 10.50 points, or 0.04%, to 28,834.28.
On BSE, so far 2.40 lakh shares were traded in the counter, compared with an average volume of 5.30 lakh shares in the past one quarter.
The stock hit a high of Rs 85.30 and a low of Rs 82.65 so far during the day. The stock hit a 52-week high of Rs 88.30 on 3 March 2015. The stock hit a 52-week low of Rs 43.25 on 8 May 2014.
The stock had outperformed the market over the past one month till 9 March 2015, rising 6.88% compared with 2.19% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 27.99% as against Sensex's 3.77% rise.
Dish TV India reported a net loss of Rs 2.87 crore in Q3 December 2014, lower than net loss of Rs 38.25 crore in Q3 December 2013. Net sales rose 16.6% to Rs 711.22 crore in Q3 December 2014 over Q3 December 2013.
Dish TV India gains after brokerage retains buy rating | Business Standard News
Meanwhile, the BSE Sensex was down 10.50 points, or 0.04%, to 28,834.28.
On BSE, so far 2.40 lakh shares were traded in the counter, compared with an average volume of 5.30 lakh shares in the past one quarter.
The stock hit a high of Rs 85.30 and a low of Rs 82.65 so far during the day. The stock hit a 52-week high of Rs 88.30 on 3 March 2015. The stock hit a 52-week low of Rs 43.25 on 8 May 2014.
The stock had outperformed the market over the past one month till 9 March 2015, rising 6.88% compared with 2.19% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 27.99% as against Sensex's 3.77% rise.
Dish TV India reported a net loss of Rs 2.87 crore in Q3 December 2014, lower than net loss of Rs 38.25 crore in Q3 December 2013. Net sales rose 16.6% to Rs 711.22 crore in Q3 December 2014 over Q3 December 2013.
Dish TV India gains after brokerage retains buy rating | Business Standard News
