Fall in customer acquisition costs, rising subscription rates and digitisation benefits should result in strong financial gains for Dish TV, say analysts
A combined 304,920 shares have already changed hands on the counter till 1117 hours against an average sub 37,000 shares that were traded daily in past two weeks on BSE and NSE.
The broader markets are trading weak with the Small-cap index down 0.6% and the Mid-cap index was is down by 0.2%.
The government has set March 31, 2013 as the second phase of digitisation of cable TV.
Index heavyweight Reliance Industries and rate sensitives among the top losers in noon deals
investigating allegations of money laundering practices at top private sector lenders ICICI Bank, HDFC Bank and Axis Bank.
Private banking majors experienced profit taking at higher levels after they rebounded yesterday to end with gains
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The Sensex after touching a high of 19,673 pared some of its gains as investors booked profits in auto shares.
The company said it has bagged a contract worth Rs 314 crore ($ 57.75 million) from Al-Khafji Joint Operations for an offshore project in Al-Khafji, Saudi Arabia.
Goa Formulations Limited, a subsidiary company has sold its pharmaceutical manufacturing unit at Goa to Fresenius Kabi India Private Limited for a total consideration of Rs 200 crore.
Broader markets have gained in line with the benchmark index. BSE Mid-cap index is up 29 points at 6,455. Small-cap index is up 0.3% at 6,253.
The stock has tanked 12.4% in past two trading sessions after the government announced that it will offload up to 10% of its holding in the company through OFS route.
ll eyes are now on the RBI policy review slated for March 19, 2013
However, in the cash segment, FIIs can use their investment in corporate bonds as collateral other than already permitted collaterals.
Trade awaits new rules on customer sales, might petition
RIL hearing had already been adjourned on two occasions. Lack of members at SAT is one reason for adjournments
About 230,000 equity folios closed, compared to 400,000 and more in earlier months
The offer for sale is scheduled to be held tomorrow through a special window on BSE and NSE