Zee Ent. shares gain 0.17% as Sensex falls
Zee Entertainment Enterprises Ltd. traded 0.17 per cent higher in Monday's session at 10:15AM (IST). The stock opened at Rs 250.25 and has touched an intraday high and low of Rs 254.4 and Rs 249.5, respectively, during the session so far.
The stock quoted a 52-week high of Rs 290.5 and a 52-week low of 172.25. About 119,904 shares changed hands on the counter so far.
Benchmark Nifty50 was down 56.1 points at 19469.45, while the BSE Sensex traded 201.8 points lower at 65057.65 at the time of writing of this report.
In the Nifty pack, 14 stocks traded the day in the green, while 36 were in the red.
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. The company reported net profit of Rs 122.96 crore for the latest quarter.
Promoter Holdings Promoters held 3.99 per cent stake in the company as of 30-Sep-2023, while FIIs held 35.0 per cent and MFs 30.09 per cent.
Technicals On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 223.69 on November 13, while the 50-DMA was at Rs 262.33. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward.
