Share price of Zee Ent. jumps as Sensex gains 197.48 points
A total of 663,656 shares changed hands on the counter till 12:27PM (IST)
Share price of gained 3.44 per cent to Rs 151.6 at 12:27PM (IST) in Wednesday's trade. The scrip hit a high of Rs 151.8 and low of Rs 145.55 so far during the session. The stock had closed at Rs 146.55 in the previous session.The counter had a total traded volume of 12:27PM shares so far with a turnover of Rs 9.82 crore on . The stock traded at a price-to-earnings multiple of -208.57 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 overseas investors and domestic institutional investors ownership stood at 28.18 per cent and 43.41 per cent, respectively.
Key Financials
The firm 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.
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
