Dish TV declines after block deals

Dish TV India has dipped 3.6% to Rs 107 on the National Stock Exchange (NSE) after multiple block deals executed on the counter.

A combined 8.05 million equity shares, representing 0.76% stake of the company changed hands as compared to sub one million shares that were traded daily in past two weeks on the NSE and BSE.

The names of buyers and sellers are not immediately known.

As of June 30, 2015, Apollo India Pvt Equity II (Mauritius) Ltd held 3.58% stake in Dish TV India, the shareholding pattern data shows.

Baron Emerging Markets Fund, Citi Group Global Markets Mauritius Pvt Ltd, Morgan Stanley Asia (Singapore) Pvt Ltd and Hasham Investment & Trading Co Pvt Ltd held between 1%-2% stakes in the company, data shows.

At 10:13 am, the stock was down 2.6% at Rs 107 on the NSE.


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