Zee Ent. shares drop 2.96% as Sensex falls

Shares of Zee Entertainment Enterprises Ltd. traded 2.96 per cent down at Rs 230.9 at 11:16AM (IST) on Friday, even as BSE benchmark Sensex dropped 1089.62 points to 54013.06. The scrip had closed at Rs 237.95 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 378.6 and Rs 166.8, respectively.

As per BSE data, total traded volume on the counter till 11:16AM (IST) stood at 11:16AM shares with turnover at Rs 5.89 crore.


At the current price, the stock trades at 21.16 times its trailing 12-month EPS of Rs 11.02 per share and 1.93 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

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

Shareholding Details
Promoters held 3.99 per cent stake in the company as of 31-Dec-2021, while FIIs owned 52.21 per cent and DIIs 20.86 per cent.