Dish TV India is currently trading at Rs. 86.10, up by 1.20 points or 1.41% from its previous closing of Rs. 84.90 on the BSE.
The scrip opened at Rs. 85.95 and has touched a high and low of Rs. 86.35 and Rs. 85.10 respectively. So far 147146 shares were traded on the counter.
The BSE group 'A ' stock of face value Rs. 1 has touched a 52 week high of Rs. 89.05 on 08-Apr-2015 and a 52 week low of Rs. 43.25 on 08-May-2014.
Last one week high and low of the scrip stood at Rs. 89.05 and Rs. 81.75 respectively. The current market cap of the company is Rs. 9158.59 crore.
The promoters holding in the company stood at 64.50%, while Institutions and Non-Institutions held 16.62% and 10.90% respectively.
Citigroup Global Markets and Birla Sun Life have bought 64 lakh shares and 67.95 lakh shares of Dish TV, respectively. They bought the shares at an average price of Rs 81.75. However, Apollo India Private Equity sold 3.2 crore shares of the company. With this, Apollo PE has exited from Dish TV.
This bodes well for Dish TV, as the shares will now be held by a clutch of investors rather than remain concentrated in a single hand.
Dish TV is India’s largest direct-to-home company and part of the biggest media conglomerate - Zee Group. Dish TV has on its platform 400+ channels and services including 21 audio channels with 13.5 million subscribers.
