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CARE Rating upgrades on Dish TV, Stock Up


Shares of DTH service provider Dish TV India Limited moved higher than 17% on the NSE on Thursday after CARE Rating has upgraded the Dish TV company’s  credit rating on bank facilities.

The Dish-TV said CARE Ratings has revised with upgrade from CARE A3 to CARE A3Plus.

Post upgrade, the share of Dish TV India was quoting at Rs.30.75, up Rs 4.60, or 17.59% on the NSE at 3.25PM, at the same time the Nifty scaled at 11575.809 up 76-pts and the Sensex at 38805-level up 248-pts.