Zee Entertainment Enterprises Ltd. traded 0.14 per cent up at Rs 142.65 at around 11:51AM (IST) on Monday. The stock had closed at Rs 142.85 in the previous session. Equity benchmark Sensex traded 429.03 points higher at 73517.36 around the same time.
The scrip has declined 27.18 per cent in the last one year till date, while the 30-share index has gained 22.87 per cent during the same period.
The stock's 52-week high price stood at Rs 299.5 and the 52-week low price at Rs 138.0.
Trading volume on the counter stood at 205,728 shares, while it quoted a price-to-earnings ratio of -201.5, an EPS value of -0.71 and a price-to-book value of 1.9. In the Nifty50 pack, 46 stocks traded in the green, while 4 stocks were in the red.
Promoter/FII Holding Promoters held 3.99 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 19.18 per cent and 28.46 per cent, respectively.
Key Financials For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2073.36 crore, down 17.38 per cent from the previous quarter's Rs 2509.57 crore and down 2.53 per cent from the year-ago quarter's Rs 2127.23 crore. The company reported net profit of Rs 58.54 crore for the latest quarter.
Technical Indicators The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average,