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Dish TV surges on expanding distribution of OTT app Watcho to Amazon Fire TV Stick

Dish TV India is currently trading at Rs. 11.85, up by 0.75 points or 6.76% from its previous closing of Rs. 11.10 on the BSE.

The scrip opened at Rs. 11.10 and has touched a high and low of Rs. 12.30 and Rs. 10.35 respectively. So far 1589637 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 45.85 on 25-Oct-2018 and a 52 week low of Rs. 10.35 on 25-Oct-2019.

Last one week high and low of the scrip stood at Rs. 16.75 and Rs. 10.35 respectively. The current market cap of the company is Rs. 2154.31 crore.

The promoters holding in the company stood at 55.27%, while Institutions and Non-Institutions held 17.58% and 27.15% respectively.

Dish TV India has expanded distribution of its OTT app Watcho to Amazon Fire TV Stick. Effective immediately, Amazon Fire TV Stick customers can access Watcho app to discover original web shows, short films, more than 100 Live TV channels and other regional shows and movies. Watcho provides access to a large VOD content library of originals, movies and popular shows along with linear TV service.

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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