Dish TV India Ltd fell for a fifth straight session today. The stock is quoting at Rs 14.65, down 1.01% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.52% on the day, quoting at 18298.75. The Sensex is at 61886.28, up 0.25%.Dish TV India Ltd has lost around 2.98% in last one month.Meanwhile, Nifty IT index of which Dish TV India Ltd is a constituent, has eased around 1.49% in last one month and is currently quoting at 1666.55, down 0.44% on the day. The volume in the stock stood at 17.98 lakh shares today, compared to the daily average of 90.47 lakh shares in last one month.

The PE of the stock is 15.41 based on TTM earnings ending March 23.

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Dish TV India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 9 June 2023 .

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Net Loss of Dish TV India reported to Rs 1720.62 crore in the quarter ended March 2023 as against net loss of Rs 1997.60 crore during the previous quarter ended March 2022. Sales declined 21.45% to Rs 504.82 crore in the quarter ended March 2023 as against Rs 642.70 crore during the previous quarter ended March 2022.

For the full year,net loss reported to Rs 1683.54 crore in the year ended March 2023 as against net loss of Rs 1831.36 crore during the previous year ended March 2022. Sales declined 19.29% to Rs 2261.85 crore in the year ended March 2023 as against Rs 2802.49 crore during the previous year ended March 2022.

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Dish TV India will hold a meeting of the Board of Directors of the Company on 12 May 2023.

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