It is a buy for Short Term and Long Term. Govt has recently approved FDI of Rs 243.40 crore. For these kinds of businesses price to book ratios can be expensive. Earnings will come over a period of time along with subscribers. I think mgmt should get rid of costly brand ambassadors and instead spend the money on promotional sops.
Alas such long term never comes to an end. Where is the value creation ? See the nature of business and can it withstand in front of large player like Bharati RCOM who have integrated infrastructure and business model.They can withstand losses by making money in other segment and deliver vlue. YOu see, still People are away from IPO price , when this stock will deliver? Its heading like BPL mobile , who had first mover advantage and stands no where today? . I wish this does not happen with Dish share holders!!
BKuk you are a fool....please vent out your pessimist emotions somewhere else..i guess you have taken a beating in this stock. DISH TV is biggest DTH player and has 5.5 Million subscribers its EBITDA profitable.....and heading for being a PAT positive soon. Its has successfully raised money in rights issue and is now issuing 150 million $ ftom FCCB..i am sure you dont know what it means.
Its backed by First family of Indian media.....Chandras....and please dont cut and paste compariosn with BPL mobile...which you have copied from recent story on DTH from Indiatimes.
| NIFTY 
