Stocks

Dish TV shares plunge to over 8-year low on weak Q2

Reuters Mumbai | Updated on October 25, 2018 Published on October 25, 2018

Shares of Dish TV India Ltd plunge as much as 20 per cent to Rs 35.90, their lowest since May 2010

The company said Sept-qtr net profit fell 8.5 per cent to Rs 25.49 crore compared to the previous quarter

The stock posts sharpest intraday drop since March 2008

More than 28 million shares change hands, compared with 30-day moving average of 5.4 million shares

The stock was down 45.3 per cent this year, as of last close

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Published on October 25, 2018
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