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Dish TV stock gains 6%: Merger benefits can provide a boost to performance

Operational performance in the last few quarters has been sub-par

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Dish Tv Merger Benefits

Ram Prasad Sahu 

The Dish TV stock gained about 6 per cent from its weekly low on expectation that the cost savings arising out of the merger with Videocon d2h would be higher than anticipated and provided a boost to future performance. The stock has been an underperformer over the last one year, shedding a third of its market value due to increasing competition and deteriorating financial performance.

However, it could get some relief in the near term. As far as merger benefits go, in addition to the Rs 5.10 billion synergy gains expected in FY19, there might be an additional Rs 7.6 billion ...

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First Published: Fri, February 23 2018. 05:52 IST
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