2. A number of other players like Anil Ambani's Reliance (ADAG), Sun TV Network Ltd., etc are ready to enter the market. DD-Direct from DD is another player in this sector though it is operating on non-profit segment, offering some free-to-air private and DD channels. Obiviously fed of the quality of DD people are switching to better paid network and nothing can beat the charishma of CEO Subash Chandra of Zee TV who owns and operates the Dish TV.
3. Dish TV has carved a niche for itself in the field being the first entrant in the said field. It is adding more number of customers by offering large number of ( around 170 ) National & International channels and interactive content. The sales are increasing every quarter, though the profits are not yet realized. The real profits will be seen when the services are spread across India. Dish TV will be the first one to grab those customers because of its established market and service.
4. The current market price of Dish TV is not reflecting its true worth and the market cap is more than 3085 crore. The company is expected to grow at a rate of 20% over the long term. This would definitely become a multi bagger if we wait for long term as it will be able to get into a segment which is still not fully tapped.
5. Bull trend in the stock will commence once it reaches the levels of 87 and sustins at that point. So keep an eye and buy above 87 to benefit from the bull trend in stock market.
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