Motilal Oswal has neutral call on Enterprises with a target price of Rs 265. The current market price of Zee Entertainment Enterprises is Rs 216.35.
Zee Entertainment Enterprises Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 21500.89 Crore) operating in Media & Entertainment sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 2729.36 Crore, up 58.44 % from last quarter Sales of Rs 1722.70 Crore and up 33.23 % from last year same quarter Sales of Rs 2048.65 Crore Company reported net profit after tax of Rs 398.28 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 4 per cent stake in the company as of Dec 30, 2020, while FIIs held 65.8 per cent, DIIs 12.2 per cent and public and others 18.1 per cent.
