DISH TV Share Price Up by 11%; BSE 500 Index Up 0.6%
December 9, 2020 01 pm

DISH TV share price has zoomed 11% and is presently trading at Rs 13.

Meanwhile, the BSE 500 Index is at 17,742 (up 0.6%).

Among the top Gainers in the BSE 500 Index today are DISH TV (up 11.3%) and HERITAGE FOOD (up 13.8%).

SANOFI INDIA and DABUR are among the top losers today.

Over the last one year, DISH TV has moved down from Rs 14 to Rs 13, registering a loss of Rs 1 (down 8.2%).

On the other hand, the BSE 500 has moved up from 15,345 to 17,742, registering a gain of 2,397 points (up 15.4%) during the last 12 months.

The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI GREEN ENERGY (up 769.9%), LAURUS LABS (up 392.1%) and DIXON TECHNOLOGIES (up 238.7%).

What About the Benchmark Indices?

The BSE Sensex is at 45,990 (up 0.7%).

The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 1.9%), ITC (up 1.7%) and ONGC (up 1.6%). Other gainers include INFOSYS (up 1.5%) and ASIAN PAINTS (up 1.3%). The most traded stocks in the BSE Sensex are ITC and ONGC.

In the meantime, NSE Nifty is at 13,501 (up 0.7%). The top gainers in the NSE Nifty include UPL (up 3.5%), IOC (up 2.1%) and KOTAK MAHINDRA BANK (up 1.8%). Other gainers include ITC (up 1.8%) and ONGC (up 1.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,487 to 45,990, registering a gain of 5,503 points (up 13.39%).

DISH TV Financial Update...

DISH TV net profit down at Rs 668 million for the quarter ended December 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 42.8% to Rs 8.7 billion during the period as against Rs 15.2 billion in October-December 2018.

For the year ended March 2020, DISH TV reported 34.7% decrease in net profit to Rs 2.6 billion compared to net profit of Rs 4.0 billion during FY19.

Revenue of the company grew 42.3% to Rs 36 billion during FY20.

The current Price to earnings ratio of DISH TV, based on rolling 12 month earnings, stands at down 1.5x.