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Dish TV India leads gainers in 'A' group

Capital Market/ 16:18 , Jul 19, 2012

GMR Infrastructure, Thermax, TTK Prestige and Havells India are among the other gainers.

Direct-to-home (DTH) service provider Dish TV India rose 4.63% to Rs 71.20 after the company reported a net loss of Rs 32.32 crore in Q1 June 2012 lower than a net loss of Rs 49.02 crore in Q4 March 2012. Net sales declined 0.87% to Rs 519.95 crore in Q1 June 2012 over Q4 March 2012. The result was announced during trading hours today, 19 July 2012. The stock topped the gainers in the BSE's 'A' group.

Dish TV's profit from operations before income, finance costs and exception items was reported at Rs 4.39 crore in Q1 June 2012 compared with a loss of Rs 23.61 crore in Q4 March 2012. The company's average revenue per user (ARPU) strengthened to Rs 156 in Q1 June 2012, higher than Rs 151 in Q4 March 2012, mainly due to the price hikes taken previously.

GMR Infrastructure rose 3.97% to Rs 24.90. The stock was second biggest gainer in 'A' group.

Energy and environment solutions provider Thermax rose 3.88% to Rs 510. The stock was third biggest gainer in 'A' group. The company will announce Q1 results on 26 July 2012.

Pressure cooker and kitchen appliance maker TTK Prestige rose 3.53% to Rs 3563.40. The stock was fourth biggest gainer in 'A' group.

Electrical equipment maker Havells India rose 3.48% to Rs 599.35. The stock was fifth biggest gainer in 'A' group.

 



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