Share price of Zee Ent. falls as Sensex drops 1207.27 points
Promoters held 0.22 per cent stake in the company as of 31-Dec-2021, while FII and DII ownership stood at 52.21 per cent and 12.16 per cent, respectively.
By ETMarkets.com |
Reuters
The share price of Zee Entertainment Enterprises Ltd. dropped 2.55 per cent to Rs 281.35 at 12:32PM (IST) in Thursday's trade. The counter has hit a high of Rs 285.8 and low of Rs 278.8 so far during the session. The stock had closed at Rs 288.7 in the previous session.
The counter has had a total traded volume of 389760 shares so far with a value of Rs 11.0 crore on the NSE. It traded at a price-to-earnings multiple of 23.27 and a price-to-book ratio of 1.93.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 25.78 per cent during the past one year, while the 30-share index advanced 17.21 per cent during the same period.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.
Promotor/FII Holding
Promoters held 0.22 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 52.21 per cent and 12.16 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2010.47 crore for the quarter ended 30-Sep-2021, up 11.16 per cent from the previous quarter's Rs 1808.56 crore and up 14.19 per cent from the year-ago quarter's Rs 1760.61 crore.
Profit for the latest quarter stood at Rs 270.16 crore, up 187.19 per cent from the same quarter a year ago.
The counter has had a total traded volume of 389760 shares so far with a value of Rs 11.0 crore on the NSE. It traded at a price-to-earnings multiple of 23.27 and a price-to-book ratio of 1.93.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 25.78 per cent during the past one year, while the 30-share index advanced 17.21 per cent during the same period.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.
ADVERTISEMENT
Promotor/FII Holding
Promoters held 0.22 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 52.21 per cent and 12.16 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2010.47 crore for the quarter ended 30-Sep-2021, up 11.16 per cent from the previous quarter's Rs 1808.56 crore and up 14.19 per cent from the year-ago quarter's Rs 1760.61 crore.
Profit for the latest quarter stood at Rs 270.16 crore, up 187.19 per cent from the same quarter a year ago.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Zee Ent. share price up 2.18 per centADVERTISEMENT
