Zee Ent. shares up 0.19% as Sensex falls
Zee Entertainment Enterprises Ltd. gained 0.19 per cent to Rs 155.3 in Tuesday's session as of 12:08PM (IST) even as the equity benchmark Sensex traded 223.12 points lower at 73649.17.
Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 299.5 and a 52-week low of Rs 152.5 on NSE. Around 656673 shares changed hands on the counter till 12:08PM (IST).
The stock opened at Rs 156.5 and has touched an intraday high and low of Rs 156.85 and Rs 153.25 during the session so far. The scrip quoted a price-to-earnings (PE) ratio of -218.89, earnings per share (EPS) of Rs -0.71 and price to book value (PB) of 1.9, while the return on equity (ROE) stood at Rs 0.44.
Promoter/ FII Holding
The promoters held 3.99 per cent stake in the company as of March 05, while FII and MF ownerships stood at 28.19 per cent and 32.49 per cent, respectively.
Key Financials With a market capitalisation of Rs 14873.64 crore, the company operates in the TV Broadcasting & Software Production industry. 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 same quarter a year ago. The company reported net profit of Rs 58.54 crore for the latest quarter, up 140.71 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 36.18. The RSI oscillates between zero and 100.
