BUY : 16.95 - 17.10
SL : 15 (Trail SL based on Price Movement)

TARGET 1 ---- 18.75 ( 10% from Entry )
TARGET 2 ---- 20.50 ( 20% from Entry )
TARGET 3 ---- 22 ( 30% from Entry )

TRADING VIEW CHART LINK


ABOUT COMPANY

Dish TV India Ltd is a leading direct-to-home (DTH) company, providing DTH services across the segments in the country.
It offers a large number of SD and HD channels to cater to the requirements of the customers spread all across the country in addition to providing various Value-Added Services.
It provides services under its own 3 brands i.e. DishTV, d2h and Zing Digital.

PROS

Company has reduced debt.
Stock is trading at 1.09 times its book value

CONS

Company has low interest coverage ratio.
The company has delivered a poor sales growth of 1.21% over past five years.
Promoter holding is low: 5.93%
Company has a low return on equity of -1.57% for last 3 years.
Contingent liabilities of Rs.1813.63 Cr.
Promoters have pledged 39.82% of their holding.
Company's cost of borrowing seems high
Promoter holding has decreased over last 3 years: -54.90%

ANNUAL REPORT FINANCIAL YEAR 2021


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