Positive on Dish TV with view of 6 months: SP Tulsian

SP Tulsian of sptulsian.com told CNBC-TV18, "I like Dish TV largely, from the GST beneficiary. When we talk of the GST beneficiary, they are probably going to be the very good beneficiary. Their market share is of 26-27 percent, but what happens, since the exit of that CEO and the appointment of new CEO, Mr Kapoor has not gone well with the market. We have seen one or two downgrade reports since this last one week. So, they are probably keeping the investors cautious on the stock."

"I was not too much disappointed with their Q2 numbers also. Maybe if you may find a drop of 10-20 basis points on the EBITDA, that is not the way of analysing this type of company that you take a microscopic view or with a magnifying view that okay the margins have shrunk by some basis points. So, I am still keeping a positive view provided you have a horizon of six months because the kind of run up also that we have seen in the last six months, the stock needs to have some consolidation, some breather, some support, settling at Rs 100 which is what is happening in the stock now," he said.