Share price of Zee Ent. falls as Sensex gains 776.28 points
A total of 374,725 shares changed hands on the counter till 11:21AM (IST)
Share price of dropped 0.1 per cent to Rs 141.2 at 11:21AM (IST) in Thursday's trade. The counter hit a high of Rs 144.55 and low of Rs 140.95 so far during the session. The stock had closed at Rs 141.35 in the previous session.The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 5.35 crore on . The stock traded at a price-to-earnings multiple of -199.53 and a price-to-book ratio of 1.9.
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.
belongs to the TV Broadcasting & Software Production industry.
Promotor/FII Holding
Promoters held 3.99 per cent stake in the company as of 31-Dec-2023, while foreign investors and domestic institutional investors ownership stood at 28.19 per cent and 43.41 per cent, respectively.
Key Financials
The firm reported consolidated net sales of Rs 2073.36 crore for the quarter ended 31-Dec-2023, down 17.38 per cent from the previous quarter's Rs 2509.57 crore and down 2.53 per cent from the year-ago quarter's Rs 2127.23 crore.
Its profit for the latest quarter stood at Rs 58.54 crore, up 140.71 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
