Dish TV India rose 4.14% to Rs 83 at 12:42 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was up 32.10 points or 0.13% at 24,998.50.
On BSE, so far 3.68 lakh shares were traded in the counter as against average daily volume of 4.57 lakh shares in the past one quarter. The stock hit a high of Rs 83.65 and a low of Rs 79.40 so far during the day. The stock had hit a 52-week high of Rs 121.85 on 6 August 2015. The stock had hit a 52-week low of Rs 65.25 on 29 February 2016. The stock had outperformed the market over the past one month till 28 March 2016, surging 18.34% compared with the Sensex's 7.83% rise. The scrip had, however, underperformed the market in past one quarter, sliding 18.84% as against Sensex's 4.1% fall.
The mid-cap company has equity capital of Rs 106.59 crore. Face value per share is Rs 1.
Shares of Dish TV India declined 6.29% in the preceding two trading sessions to settle at Rs 79.70 yesterday, 28 March 2016, from its close of Rs 85.05 on 22 March 2016.
On consolidated basis, Dish TV India reported net profit of Rs 68.49 crore in Q3 December 2015 as against net loss of Rs 2.63 crore in Q3 December 2014. Net sales rose 11.8% to Rs 768.75 crore in Q3 December 2015 over Q3 December 2014.
Dish TV India is Asia Pacific's largest direct-to-home (DTH) company and part of one of India's biggest media conglomerate - the Zee Group.
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