Share price of Zee Ent. rises as Nifty weakens

Shares of Zee Entertainment Enterprises Ltd. gained 0.11 per cent to Rs 173.5 in Monday's trade as of 11:31AM (IST).

The stock hit a high price of Rs 176.85 and low of Rs 172.7 during the session.

The return on equity (ROE) for the stock stood at 0.44 per cent. Traded volume on the counter stood at 11:31AM shares and turnover at Rs 4.75 crore around that time.


The stock of Zee Entertainment Enterprises Ltd. quoted a 52-week high and 52-week low prices of Rs 299.5 and Rs 152.5, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding
Promoters held 3.99 per cent stake in the company as of 31-Dec-2023, while FIIs held 28.19 per cent and domestic institutional investors had 43.41 per cent.

Key Financials
The company reported consolidated sales of Rs 2073.36 crore for the quarter ended 31-Dec-2023, down 17.38 per cent from previous quarter's Rs 2509.57 crore and down 2.53 per cent from the year-ago quarter's Rs 2127.23 crore.

Net profit after tax for the latest quarter stood at Rs 58.54 crore, up 140.71 per cent from the same quarter a year ago.