Shares of DTH operators in focus; Dish TV, Hathway Cable up over 3%

Shares of the companies engaged in Direct to Home (DTH) television operating business were in focus, surged by up to 7% in otherwise subdued market after the global private equity firm Warburg Pincus planning to  acquire up to 20% stake in Bharti Airtel’s DTH arm Bharti Telemedia for $350 million.

Hathway Cable & Datacom have rallied 7% to Rs 43 on the BSE in early morning trade. Dish TV India was up 4% to Rs 83.15, followed by Den Networks (up 3% at Rs 108), Sun TV Network (2% at Rs 908) and Siti Networks (up 2% at Rs