Share price of Zee Ent. falls as Sensex drops 282.74 points
Promoters held 0.22 per cent stake in the company as of 31-Dec-2023, while FII and DII ownership stood at 28.19 per cent and 32.49 per cent, respectively.
The share price of dropped 1.4 per cent to Rs 140.45 at 01:49PM (IST) in Tuesday's trade. The counter has hit a high of Rs 143.4 and low of Rs 140.0 so far during the session. The stock had closed at Rs 142.45 in the previous session.The counter has had a total traded volume of 634240 shares so far with a value of Rs 8.93 crore on the . It traded at a price-to-earnings multiple of -198.89 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 reflects the price investors are willing to pay even for no growth in the business.
The scrip declined 33.59 per cent during the past one year, while the 30-share index advanced 24.57 per cent during the same period.
belongs to the TV Broadcasting & Software Production industry.
Promotor/FII Holding
Promoters held 0.22 per cent stake in the company as of 31-Dec-2023, while FIIs and domestic institutional investors ownership stood at 28.19 per cent and 32.49 per cent, respectively.
Key Financials
The company reported consolidated 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.
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
