Zee Ent. share price up 0.97 per cent
A total of 654,515 shares changed hands on the counter till 10:50AM (IST).
Shares of traded 0.97 per cent up at Rs 150.8 at around 10:50AM (IST) on Tuesday. The stock had closed at Rs 149.35 in the previous session. Equity benchmark traded 346.42 points higher at 75017.7 around the same time. The scrip has declined 23.39 per cent in the last one year till date, while the 30-share index has gained 25.37 per cent during the same period.
The stock's 52-week high price stood at Rs 299.5 and the 52-week low price at Rs 138.0.
Trading volume on the counter stood at 654,515 shares, while it quoted a price-to-earnings ratio of -201.79, an EPS value of -0.71 and a price-to-book value of 1.9. In the Nifty50 pack, 35 stocks traded in the green, while 14 stocks were in the red.
Promoter/FII Holding
Promoters held 3.99 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 19.18 per cent and 28.46 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2073.36 crore, 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. The company reported net profit of Rs 58.54 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
The stock's 52-week high price stood at Rs 299.5 and the 52-week low price at Rs 138.0.
Trading volume on the counter stood at 654,515 shares, while it quoted a price-to-earnings ratio of -201.79, an EPS value of -0.71 and a price-to-book value of 1.9. In the Nifty50 pack, 35 stocks traded in the green, while 14 stocks were in the red.
Promoter/FII Holding
Promoters held 3.99 per cent stake in the company as of 31-Mar-2024, while foreign institutional investors and MF ownership stood at 19.18 per cent and 28.46 per cent, respectively.
Key Financials
For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 2073.36 crore, 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. The company reported net profit of Rs 58.54 crore for the latest quarter.
Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.
Source: Stocks-Markets-Economic Times
