Zee Ent Share Price: Share price of Zee Ent. falls as Sensex gains 158.13 points

The share price of Zee Entertainment Enterprises Ltd. dropped 0.1 per cent to Rs 334.05 at 11:11AM (IST) in Thursday’s trade. The stock has hit a high of Rs 339.25 and low of Rs 330.8 so far during the session. The stock had closed at Rs 334.4 in the previous session.

The counter has had a total traded volume of 582219 shares so far with a value of Rs 19.46 crore on the NSE. It traded at a price-to-earnings multiple of 27.74 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 reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 77.36 per cent during the past one year, while the 30-share index advanced 34.66 per cent during the same period.

Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.


Promotor/FII Holding

Promoters held 0.22 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 7.26 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 2010.47 crore for the quarter ended 30-Sep-2021, up 11.16 per cent from the previous quarter’s Rs 1808.56 crore and up 14.19 per cent from the year-ago quarter’s Rs 1760.61 crore.

Profit for the latest quarter stood at Rs 270.16 crore, up 187.19 per cent from the same quarter a year ago.

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