Dish TV India debuts at Rs113, ends 11% down

Dish TV India debuts at Rs113, ends 11% down
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First Published: Thu, Apr 19 2007. 12 32 AM IST
Updated: Thu, Apr 19 2007. 12 32 AM IST
PTI
Mumbai: The Zee group’s demerged entity, Dish TV India, got listed at Rs113 on the Bombay Stock Exchange, but ended the day at a 10.86% discount over its base price of Rs115.
Within minutes of listing, the shares of the company touched a high of Rs120 on BSE. But, after that the price dropped, going as low as Rs100. Towards end of trade, however, there was a slight recovery and the scrip closed at Rs102.55. Over 1.88 crore shares of Dish TV changed hands on BSE.
On the National Stock Exchange, Dish TV closed at Rs101.40, over 11% less than its base price. After listing at Rs114, it touched a high of Rs117 and a low of Rs100.
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First Published: Thu, Apr 19 2007. 12 32 AM IST
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