Meanwhile, the BSE Sensex was down 578.12 points, or 3.88%, to 14334.93.
On BSE, 22.35 lakh shares were traded in the counter as against an average daily volume of 66.92 lakh shares in the past one quarter.
The stock hit a high of Rs 40.30 and a low of Rs 37.65 so far during the day. The stock had hit a 52-week high of Rs 59.95 on 5 June 2009 and a 52-week low of Rs 11.75 on 27 October 2008.
Dish TV India offers direct-to-home television service in India.