HomeNewsBusinessStocksDish TV great value buy, says CA Rudramurthy

Dish TV great value buy, says CA Rudramurthy

CA Rudramurthy of Vachana Investments is of the view that Dish TV is a great value buy.

October 28, 2015 / 16:35 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

CA Rudramurthy of Vachana Investments told CNBC-TV18, "In markets like this, picking stocks for buying is very tough. However, other than Tata Motors, Dish TV also looks very positive. The stock has seen huge accumulation at levels of Rs 104-105 and inspite of bad markets this stock is outperforming. For the next month i expect a target of Rs 120 to come in Dish TV and above Rs 120 which is its recent high, the stock can even see levels of Rs 150. So, investors who are looking at buying good midcap stocks, Dish TV offers a great value buy."Dish TV India closed at Rs 108.80, up Rs 1.25, or 1.16 percent. It has touched an intraday high of Rs 110.90 and an intraday low of Rs 107.65.

first published: Oct 28, 2015 04:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!