The counter opened at Rs 332.0 and touched an intraday high and low of Rs 336.2 and Rs 322.0, respectively, in the session so far. Shares of the company of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 362.85 and a 52-week low of Rs 166.8.
As per BSE, the total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 31442.48 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2010.47 crore for the quarter ended 30-Sep-2021, up 11.16 per cent from previous quarter’s Rs 1808.56 crore and up 14.19 per cent from the year-ago quarter’s Rs 1760.61 crore.
The net profit for latest quarter stood at Rs 270.16 crore, up 187.19 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Sep-2021, DIIs held 7.26 per cent stake in the firm, while foreign institutional investors held 57.18 per cent and the promoters 0.22 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of 27.12 and a price-to-book ratio of 1.93. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
