CMP: 63
Dish TV India Ltd. offers direct broadcast satellite subscription television service in India.
Dish TV is a mid-cap stock with market cap of little over 6,600 Crores. It runs at a debt of 1076 Crores with 320 Crores cash in hand. To add to that, it bleeds more by consistently making losses in the last 5 years. Turnaround is highly unlikely and even if it does turn around, will still be overvalued. Not to mention that it faces stiff competition in Tata Sky, Airtel & Reliance. Don't be misguided by experts opinion. Stay away from Dish TV. Its not a worthy evergreen stock to buy or hold for long term investors.
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