According to analysts, the benefits and relatively superior performance of Videocon d2h can emerge as an earnings growth driver supporting the stock. A focus on the impending merger benefits with Videocon d2h (direct to home) is making investors turn a blind eye to the weak financial performance of Dish TV India Ltd. But as can be seen from Wednesday’s gain in Dish TV’s stock price, analysts are attaching little importance to weak performance and earnings cuts. According to analysts, the benefits and relatively superior performance of Videocon d2h can emerge as an earnings growth driver supporting the stock. While these expectations are making Dish TV investors overlook the weak September quarter performance, much depends on the timely consolidation of Videocon d2h and actual realization of the merger benefits.

Source: Mint December 07, 2017 02:37 UTC