Zee Ent. share price up 3.4 per cent
Zee Entertainment Enterprises Ltd. traded 3.4 per cent up at Rs 280.75 at around 10:00AM (IST) on Friday. The stock had closed at Rs 271.5 in the previous session.
Equity benchmark Sensex traded 311.69 points higher at 69833.38 around the same time.
The scrip has climbed 6.89 per cent in the last one year till date, while the 30-share index has gained 12.67 per cent during the same period.
The stock's 52-week high price stood at Rs 290.5 and the 52-week low price at Rs 172.25.
Trading volume on the counter stood at 590,597 shares, while it quoted a price-to-earnings ratio of -262.67, an EPS value of -1.06 and a price-to-book value of 1.9. In the Nifty50 pack, 38 stocks traded in the green, while 12 stocks were in the red.
Promoter/FII Holding Promoters held 3.99 per cent stake in the company as of 30-Sep-2023, while FII and mutual funds' ownership stood at 35.0 per cent and 30.09 per cent, respectively.
Key Financials For the quarter ended 30-Sep-2023, the company reported consolidated sales of Rs 2509.57 crore, up 25.59 per cent from the previous quarter's Rs 1998.26 crore and up 22.66 per cent from the year-ago quarter's Rs 2046.0 crore. The company reported net profit of Rs 122.96 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, called the signal line, is plotted on top of the MACD to reflect «buy» or «sell» opportunities.
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