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Dish TV, the only pure DTH play listed on the bourses has moved up sharply in the last few months. After its Rights issue at Rs 22 last year, the stock had fallen to Rs. 12, and since March it has moved up smartly to Rs. 41 at present. The Re. 1 face value stock may appear highly priced but looking to the company's market leader status and huge potential of the DTH business, the stock can prove to be a multi bagger for long term investors. |
