Dish TV India Hits 52-Week Low Amidst Struggle in Competitive DTH Industry

Oct 25 2024 09:35 AM IST
share
Share Via
Dish TV India, a leading DTH and cable company in India, has hit a 52-week low on October 25, 2024, with a 'Strong Sell' call by MarketsMojo. The stock price closed at Rs.12.55, underperforming the sector by -2.06%. The company has faced challenges in the competitive market, leading to a decline in stock price and underperformance in the market.

Dish TV India, a leading direct-to-home (DTH) and cable company in India, has recently hit a 52-week low on October 25, 2024. The stock price has been on a downward trend, with a 'Strong Sell' call by MarketsMOJO.

The stock price of Dish TV India closed at Rs.12.55, hitting a new 52-week low. The company's performance today has underperformed the sector by -2.06%. In the last 5 days, the stock has been on a consecutive fall, with a -9.38% return in the period. Dish TV India is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the Sensex performance of 25.04%, Dish TV India has seen a negative 1-year performance of -22.80%. This indicates a significant underperformance by the company in the market.

Dish TV India, being a smallcap company, has faced challenges in the highly competitive DTH and cable industry. The company has been struggling to maintain its market share and profitability in the face of increasing competition from other players. This has led to a decline in the stock price and a 'Strong Sell' call by MarketsMOJO.

Investors should carefully consider the current performance and future prospects of Dish TV India before making any investment decisions. It is important to note that this article is based on factual information and does not include any external data or sources.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News