Dish TV stock jumps 20% as chairman Jawahar Goel announces exit

The stock touched an intra-day high of Rs 14.46 apiece on the BSE, closing trade at Rs 14.24 a share, up 19 per cent over the previous day's close

The shares of Dish TV, the Essel group-owned direct-to-home company, rose 20 per cent on Thursday, after the company said its chairman Jawahar Goel would not seek a reappointment to the board.

The stock touched an intra-day high of Rs 14.46 apiece on the BSE, and closes at Rs 14.24 a share, up 19 per cent over the previous day's close. 10 million shares exchanged hands at the Dish TV counter on the BSE, with the company’s market capitalisation, at the time of close, standing at Rs 2,640.36 crore.

The company's annual general meeting is scheduled for September 26, where