Zee Ent.  rises  1.24% as Sensex  climbs

The stock traded at a P/E multiple of -201.5, while the price-to-book value ratio stood at 1.9.

Shares of traded at Rs 142.65 on at 12:13PM (IST) on Wednesday, up 1.24 per cent from previous close.

The scrip quoted a 52-week low price of Rs 138.35 and a high of Rs 299.5.

Earlier, shares of the company saw a gap up opening in the morning.

A total of 862,593 lakh shares changed hands on the counter till 12:13PM (IST).

The stock of commanded a market value of Rs 13692.2 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of -201.5, while the price-to-book value ratio stood at 1.9. Return on equity (ROE) was at 0.44 per cent, according to exchange data.

In the BSE500 pack, 158 stocks traded in the green, while 342 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding
Promoters held 0.22 per cent in . as of 31-Dec-2023 while foreign portfolio investors and domestic institutional investors owned 28.19 per cent and 32.49 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 230.47 on March 20, while the 50-DMA was at 181.8. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

Source: Stocks-Markets-Economic Times

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