Notable Price Action: What’s Ahead for Videocon d2h Ltd – ADR After Today’s Huge Increase?

Notable Price Action: What's Ahead for Videocon d2h Ltd   ADR After Today's Huge Increase?

The stock of Videocon d2h Ltd – ADR (NASDAQ:VDTH) is a huge mover today! About 80,050 shares traded hands or 40.52% up from the average. Videocon d2h Ltd – ADR (NASDAQ:VDTH) has risen 17.91% since March 29, 2016 and is uptrending. It has outperformed by 14.44% the S&P500.
The move comes after 8 months positive chart setup for the $1000.00M company. It was reported on Oct, 31 by Barchart.com. We have $12.93 PT which if reached, will make NASDAQ:VDTH worth $380.00 million more.

According to Zacks Investment Research, “Videocon d2h offers direct to home service which consists of multiple television channels, allied video and audio services. The company provides Digital Video Recorder, Radio Frequency Remote Control, 12 PIP Mosaic, d2h Cinema, weather updates and multiple tickers to transform TV into entertainment and knowledge as well as customer support. Videocon d2h is based in MUMBAI.”

More recent Videocon d2h Ltd – ADR (NASDAQ:VDTH) news were published by: Businesswire.com which released: “Deutsche Bank Appointed as Depositary Bank for the NASDAQ-Listed Level III …” on April 01, 2015. Also Seekingalpha.com published the news titled: “Videocon D2H: Huge Growth And Market Opportunity At A Reasonable Valuation (VDTH)” on July 23, 2015. Prnewswire.com‘s news article titled: “Videocon d2h to Report Full Year FY16 Results” with publication date: May 19, 2016 was also an interesting one.

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