Zee Ent Share Price: Share price of Zee Ent. rises as Nifty strengthens

Shares of . gained 1.19 per cent to Rs 260.0 in Wednesday’s trade as of 10:35AM (IST).

The stock hit a high price of Rs 261.8 and low of Rs 256.1 during the session.

The return on equity (ROE) for the stock stood at 8.87 per cent. Traded volume on the counter stood at 10:35AM shares and turnover at Rs 3.57 crore around that time.

Smart Talk

The stock of Zee Entertainment Enterprises Ltd. quoted a 52-week high and 52-week low prices of Rs 378.6 and Rs 167.6, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.98.

Promotor/FII Holding

Promoters held 3.99 per cent stake in the company as of 30-Jun-2022, while FIIs held 39.18 per cent and domestic institutional investors had 30.53 per cent.

Key Financials

The company reported consolidated sales of Rs 1879.53 crore for the quarter ended 30-Jun-2022, down 20.4 per cent from previous quarter’s Rs 2361.17 crore and down 3.92 per cent from the year-ago quarter’s Rs 1808.56 crore.

Net profit after tax for the latest quarter stood at Rs 106.6 crore, down 50.13 per cent from the same quarter a year ago.

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