Technical analyst Manoj Sachdeva of Hem Securities is bullish on Dish TV India Ltd and has recommended 'buy' rating on the stock with a 2-3 day target of Rs 72.

According to analyst, the interested investors can buy the stock with a stop loss of Rs 61.

Today, the stock of the company opened at Rs 63.95 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 70.90 and a low of Rs 35.75 on BSE.

Current EPS is -2.30. According to fresh estimations, over 9 million Indian subscribers are using DTH player known as Dish TV. The reports said that approximately 1 million subscribers become part of Dish TV within last three months. With this increasing figure of subscribers, Dish TV turned Asia's biggest DTH Company in the country. The officials are anticipating that Dish TV will hit the mark of 10 million subscribers by March 2011. The importance of Dish TV is continuously going up, and it has maintained the faith of the users in its products. Dish TV CEO RC Venkateish stated that they are eyeing cricket heavy season as a big occasion to add more and more subscribers.