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Dish TV India jumps on partnering with Vakrangee

Dish TV India is currently trading at Rs. 33.30, up by 2.15 points or 6.90% from its previous closing of Rs. 31.15 on the BSE.

The scrip opened at Rs. 31.40 and has touched a high and low of Rs. 33.30 and Rs. 31.10 respectively. So far 641353 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 76.35 on 13-Jun-2018 and a 52 week low of Rs. 19.25 on 28-Jan-2019.

Last one week high and low of the scrip stood at Rs. 36.55 and Rs. 29.15 respectively. The current market cap of the company is Rs. 5984.18 crore.

The promoters holding in the company stood at 57.99%, while Institutions and Non-Institutions held 15.85% and 26.16% respectively.

Dish TV India has entered into agreement with Vakrangee for distribution of subscription recharge and providing collection services for both its brands – DishTV and d2h. This partnership will help consumers to avail the DTH services of DishTV and d2h brands in the remote areas and increase their reach in the underserved and unserved areas.

Dish TV is India’s largest Direct to Home television operator using MPEG 4 DVB S2 and MPEG 2 digital compression technology.

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