Dish TV India lost 1.83% to Rs 107.35 at 14:04 IST on BSE, with the stock sliding on profit booking after the company reported a turnaround in Q2 September 2015.
The result was announced during market hours today, 27 October 2015.
Meanwhile, the S&P BSE Sensex was down 121.29 points or 0.44% at 27,240.67.
On BSE, so far 16.48 lakh shares were traded in the counter as against average daily volume of 15.97 lakh shares in the past one quarter.
The stock was volatile. The stock lost as much as 2.37% at the day's low of Rs 106.75 so far during the day. The stock rose as much as 2.37% at the day's high of Rs 111.95 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 54.45 on 30 October 2014.
The stock had underperformed the market over the past one month till 26 October 2015, sliding 3.78% compared with the Sensex's 5.79% rise. The scrip had also underperformed the market in past one quarter, declining 6.86% as against Sensex's 2.67% fall.
The large-cap company has equity capital of Rs 106.58 crore. Face value per share is Rs 1.
Shares of Dish TV India had witnessed a pre-result rally. The stock had rallied 5.96% to settle at Rs 109.35 yesterday, 26 October 2015, from its recent low of Rs 103.20 on 14 October 2015.
Dish TV India reported consolidated net profit of Rs 87 crore in Q2 September 2015 as against net loss of Rs 14.20 crore in Q2 September 2014. Operating revenue rose 15.8% to Rs 752.40 crore in Q2 September 2015 over Q2 September 2014.
The company's subscription revenue rose 16.5% to Rs 692.60 crore in Q2 September 2015 over Q2 September 2014.
Dish TV India's earnings before interest, taxation, depreciation and amortization (EBITDA) surged 57.5% to Rs 255 crore in Q2 September 2015 over Q2 September 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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