The counter had a total traded volume of 10:36AM shares so far with a turnover of Rs 36.39 crore on BSE. The stock traded at a price-to-earnings multiple of 31.72 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 is the measure of the price that investors are ready to pay even for no growth in the business.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.
Promotor/FII Holding
Promoters held 3.99 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 57.18 per cent and 15.98 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 1808.56 crore for the quarter ended 30-Jun-2021, down 8.86 per cent from the previous quarter’s Rs 1984.39 crore and down 35.13 per cent from the year-ago quarter’s Rs 1338.41 crore.
Its profit for the latest quarter stood at Rs 213.74 crore, up 603.79 per cent from the same quarter a year ago.
