The inventory opened at Rs 186.0 and touched an intraday excessive and low of Rs 187.35 and Rs 184.05, respectively, within the session to date. Shares of the corporate of Zee Entertainment Enterprises Ltd. quoted a 52-week excessive of Rs 261.0 and a 52-week low of Rs 134.75.
Total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 17855.78 crore on the time of scripting this report.
The firm reported consolidated gross sales of Rs 2756.93 crore for the quarter ended 31-Dec-2020, up 56.59 per cent from earlier quarter’s Rs 1760.61 crore and up 30.07 per cent from the year-ago quarter’s Rs 2119.6 crore.
The web revenue for contemporary quarter stood at Rs 399.91 crore, up 14.45 per cent from the identical quarter a yr in the past.
As of 31-Mar-2021, home institutional traders held 3.67 per cent stake within the firm, whereas overseas institutional traders held 64.15 per cent and the promoters 3.99 per cent.
According to BSE knowledge, the inventory traded at a P/E a number of of -73.68 and a price-to-book ratio of 1.27. The next P/E ratio reveals traders are prepared to pay a better value due to higher future development expectations. Price-to-book worth signifies the inherent worth of an organization and is the measure of the value that traders are able to pay even for no development within the enterprise.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production trade.