Dish TV should do well irrespective of numbers: Sonam Udasi

"Unless the mood of the market changes significantly, this sector should do well despite whatever numbers being projected."

In a chat with ET Now, Sonam Udasi, Head of Research, IDBI Capital, shares his views on Dish TV.

ET Now: What did you make of media purely the Dish TV numbers?

Sonam Udasi: Dish TV numbers were disappointing to say the least. Simply the profit number that they showed was because of the one off that they showed but I do not think that will make a huge impact to the valuation per se simply because there is just too much interest in the media space because of digitisation going on and the push that is happening.

So you may see a minor weakness here or there but unless the mood of the market changes significantly, this sector should do well despite whatever numbers being projected.
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