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18 Aug 2015
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Videocon Industries
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Phillip Capital
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7.35
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143.90
(-94.89%)
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Buy
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Subscriber addition momentum to continue: In Q1FY16/FY15 VDTH added 0.46mn/1.74mn net subscriber. With an incremental market share of 25%-27%, the company has been the fastest growing pay-TV operator for the past four years. It has been consistently adding 2.52.7mn gross subscribers each year over the past four years. The company believes that its...
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