Dish TV hits 5% upper circuit amid Bharti Airtel's stake purchase buzz

Dish TV India said that the Company is not aware of the transaction which has been reported in the media

Shares of Dish TV India were locked at the 5 per cent upper circuit, at Rs 18.05 on the BSE on Thursday, on reports that telecom services provider Bharti Airtel is in talks with the former to buy majority stake in broadcasting & cable TV operator. The stock of Dish TV had hit a 52-week high of Rs 23.44 on September 15, 2021.

Till 02:14 pm, a combined 7.19 million shares had changed hands and there were pending buy orders for 5.6 million shares on the NSE and BSE, the exchanges data shows. Currently, Dish TV India is trading