 "Dish TV hits 52-week high on trimming losses in Q3")
Dish TV India is trading higher by 4% to Rs 77.50 on BSE after reporting a standalone net loss of Rs 2.87 crore for the quarter ended December 31, 2014 (Q3).
The Zee group firm engaged in broadcasting and cable TV business had a standalone net loss of Rs 38.25 crore for the October-December quarter of the last fiscal.
The company’s net sales in the quarter under review grew 17% at Rs 711 crore as against Rs 610 crore in the same quarter a year ago, Dish TV said in a filing with the BSE.
The stock opened at Rs 75.75 and hit a 52-week high of Rs 78.25 on BSE. A combined 2.77 million shares changed hands on the counter in early morning trade on BSE and NSE.
The Zee group firm engaged in broadcasting and cable TV business had a standalone net loss of Rs 38.25 crore for the October-December quarter of the last fiscal.
The company’s net sales in the quarter under review grew 17% at Rs 711 crore as against Rs 610 crore in the same quarter a year ago, Dish TV said in a filing with the BSE.
The stock opened at Rs 75.75 and hit a 52-week high of Rs 78.25 on BSE. A combined 2.77 million shares changed hands on the counter in early morning trade on BSE and NSE.