The stock opened at Rs 294.0 and touched an intraday high and low of Rs 299.0 and Rs 292.25, 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.
Total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 28219.95 crore at the time of writing this report.
Key Financials
The company reported consolidated sales of Rs 1808.56 crore for the quarter ended 30-Jun-2021, down 8.86 per cent from previous quarter’s Rs 1984.39 crore and down 35.13 per cent from the year-ago quarter’s Rs 1338.41 crore.
The net profit for latest quarter stood at Rs 213.74 crore, up 603.79 per cent from the corresponding quarter last year.
Shareholding pattern
As of 30-Jun-2021, domestic institutional investors held 8.1 per cent stake in the company, while foreign institutional investors held 57.46 per cent and the promoters 3.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 28.69 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.
