Zee Ent. stock price 0.0 per cent as Sensex climbs
Zee Entertainment Enterprises Ltd. 0.0 per cent to Rs 164.1 at 11:46AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 1,130,341 shares with a turnover of Rs 18.78 crore till 11:46AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 114.16, while the price-to-book value ratio stood at 1.23.
Return on equity (ROE) was at 1.3 per cent, according to exchange data. The stock hit an intraday high of Rs 168.65 and a low of Rs 163.6 during the session and quoted a 52-week high price of Rs 299.5 and a 52-week low of Rs 126.15.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.98.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 211.48 on June 11, while the 50-DMA was at Rs 145.33. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 63.29. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
Promoter holding
As of 31-Mar-2024, promoters held 3.99 per cent stake in the company, while foreign institutional investors held 19.18 per cent
