Zee Ent Stock Price: Zee Ent. rises 1.14% as Sensex climbs

Shares of Zee Entertainment Enterprises Ltd. traded at Rs 204.2 on BSE at 10:22AM (IST) on Friday, up 1.14 per cent from previous close.

The stock quoted a 52-week low price of Rs 128.3 and a high of Rs 261.0.

Earlier, the stock saw a gap up opening in the morning.

A total of 87,043 lakh shares changed hands on the counter till 10:22AM (IST).

The stock of Zee Entertainment Enterprises Ltd. commanded a market value of Rs 19421.4 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of -80.14, while the price-to-book value ratio stood at 1.27. Return on equity (ROE) was at 5.63 per cent, according to exchange data.

In the BSE500 pack, 346 stocks traded in the green, while 153 stocks were in the red.

The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding

Promoters held 0.25 per cent in Zee Entertainment Enterprises Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 65.76 per cent and 3.93 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 198.64 on April 09, while the 50-DMA was at 214.1. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

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