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    Zee Ent. shares drop 0.68% as Sensex rises

    Synopsis

    A total of 205,768 shares changed hands on the counter till 12:40PM (IST)

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    RSI has turned north from the 60 level, confirming bullishness.
    Shares of the Zee Entertainment Enterprises Ltd. traded at Rs 182.0 on BSE at 12:40PM (IST) on Monday, down 0.68 per cent. The stock quoted a 52-week low price of Rs 158.1 and a high of Rs 261.0.

    Earlier in the day, the stock saw a gap down opening.

    At the prevailing price, the stock traded at 17.77 times its trailing 12-month EPS of Rs 10.24 per share and 1.27 times its book value, as per BSE data.

    A total of 205,768 shares changed hands on the counter till 12:40PM (IST). The stock commands a market value of Rs 17471.78 crore and is part of the TV Broadcasting & Software Production industry.

    The scrip has been an underperformer , up 12.83 per cent in the past one year in comparison with a 45.98 per cent gain in Sensex.

    During the day, the stock moved between Rs 184.5 and Rs 181.2.

    Promoter/FII Holding
    Promoters held 0.22 per cent in the company as of 30-Jun-2021. FII and MF ownership in Zee Entertainment Enterprises Ltd. stood at 57.46 per cent and 8.1 per cent, respectively.
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