The stock opened at Rs 186.0 and touched an intraday high and low of Rs 187.35 and Rs 184.05, respectively, in the session so far. Shares of the company of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 261.0 and a 52-week low of Rs 134.75.
Total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 17855.78 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 2756.93 crore for the quarter ended 31-Dec-2020, up 56.59 per cent from previous quarter’s Rs 1760.61 crore and up 30.07 per cent from the year-ago quarter’s Rs 2119.6 crore.
The net profit for latest quarter stood at Rs 399.91 crore, up 14.45 per cent from the same quarter a year ago.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 3.67 per cent stake in the company, while foreign institutional investors held 64.15 per cent and the promoters 3.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -73.68 and a price-to-book ratio of 1.27. 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.
