Dish TV extends rally, hits 2-year high; zooms 56% in 8 trading sessions

Shares of Dish TV India continued northbound jouney, hitting a two-year high of Rs 19.70 on ralling as much as 10 per cent on the BSE in intra-day trades on Monday, in an otherwise subdued market. The stock of the broadcasting & cable TV operator was quoting higher for the eighth straight trading session and has rallied 56 per cent during the same period. It is trading at its highest level since September 2019.

At 09:30 am, the stock was trading 4 per cent higher at Rs 18.66 on the BSE, as compared to a 0.41 per cent decline in the S&P BSE Sensex. The counter saw huge volume with a combined 44.47 million equity shares having changed hands on the NSE and BSE till the time of writing of this report.