ICICI Direct recommended hold rating on Dish TV with a target price of Rs 80 in its research report dated May 25, 2017.
DTH operator reported a consolidated net loss of Rs 28.33 crore for March quarter against a net profit of Rs 482.77 crore in the corresponding quarter last year.
Max Financial | JP Power | Lupin | Dish TV | Jain Irrigation | Ashoka Buildcon | Sarla Performance Fibers and Kalpataru Power Transmission are stocks, which are in news today.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9312 and resistance at 9450 while Bank Nifty has support at 22400 and resistance at 22800.
Call writes are continuously unwinding and shifting their short positions to higher strikes.
Prakash Gaba of prakashgaba.com is of the view that Nifty has support at 9400 and resistance at 9632 while Bank Nifty has support at 22730 and resistance at 23300.
Gaurav Bissa, Derivatives Analyst at LKP Securities is of the view that one can buy Dish TV and Sintex Industries and can sell DHFL.
"The CCI has intimated the company that it in its meeting held on May 4, 2017, considered the proposed combination and has accorded its approval to the said combination," the company said in a statement.
Prakash Gaba of prakashgaba.com is of the view that HT Media and Marico look good while one can short Dish TV.
Net Sales are expected to increase by 0.8 percent Q-o-Q (down 5.7 percent Y-o-Y) to Rs 754 crore, according to Motilal Oswal. Dish TV to report net profit at 16.4 crore down 38.5% quarter-on-quarter.
Ashwani Gujral of ashwanigujral.com suggests buying Can Fin Homes and HDFC Bank and sell Sun Pharmaceutical Industries.
According to Chandan Taparia of Motilal Oswal Securities, one can sell Dish TV for target of Rs 93.
Ashwani Gujral of ashwanigujral.com is of the view that one can sell Reliance Infra, Sun Pharma and Dish TV and advises buying Bharti Infratel and JM Financial.
Support for Nifty at 9100 and resistance is at 9250 while Bank Nifty has support at 21200 and resistance at 21600, says Prakash Gaba of prakashgaba.com.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy V-Guard Industries and sell Jet Airways and Dish TV.
Mitessh Thakkar of miteshthacker.com recommends buying Dish TV around Rs 100.
Macquarie Unit Trust Series- Macquarie Asia New Stars Fund sold 6,053,364 shares of Dish TV at Rs 106.77 per share on the NSE.
Ashwani Gujral of ashwanigujral.com recommends buying Ballarpur Industries, Sobha, Gujarat Gas, Dish TV and Thomas Cook.
Ashwani Gujral of ashwanigujral.com recommends buying Jet Airways, Dish TV, Ceat, Indiabulls Housing Finance and Bajaj Finance.
Vijay Chopra of enochventures.com advises buying Reliance Capital with a target of Rs 625.
Rajat Bose of rajatkbose.com is of the view that one can buy Reliance Capital and Dish TV and sell Arvind.
Morgan Stanley has initiated coverage on the stock with an outperform rating and forecasts 30 percent free cash flow CAGR in FY17-19.
On March 22, 2017 LN Minerals LLP sold 74,69,759 shares of Dish TV at Rs 106.55.
According to Prakash Gaba of prakashgaba.com, Nifty has support at 9080-9050 and resistance at 9150 while Bank Nifty has support at 20800 and resistance at 21200.