The announcement was made after trading hours on Tuesday, 5 March 2013.

Meanwhile, the BSE Sensex was up 104.23 points, or 0.54%, to 19,247.40.

On BSE, 96,000 shares were traded in the counter as against an average daily volume of 4.14 lakh shares in the past one quarter.

The stock hit a high of Rs 70.60 and a low of Rs 69.60 so far during the day. The stock had hit a 52-week high of Rs 84.90 on 5 October 2012. The stock had hit a 52-week low of Rs 52 on 7 March 2012.

Dish TV India reported net loss of Rs 44.88 crore in Q3 December 2012, higher than net loss of Rs 42.96 crore in Q3 December 2011. Net sales rose 12.9% to Rs 556.68 crore in Q3 December 2012 over Q3 December 2011.

Dish TV is Asia Pacific`s largest direct-to-home (DTH) company and part of India`s biggest media conglomerate -- the Zee Group. Dish TV has on its platform more than 400 channels and services including 22 audio channels and over 40 HD services with more than 14.7 million gross subscribers as of 31 December 2012.

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