Getty ImagesNEW DELHI: Shares of Zee Entertainment Enterprises Ltd. traded 3.46 per cent up in Wednesday's trade at 01:54PM (IST). Around 863,734 shares changed hands on the counter.
The counter opened at Rs 250.0 and touched an intraday high and low of Rs 260.8 and Rs 244.35, respectively, in the session so far. Shares of the company of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 378.6 and a 52-week low of Rs 166.8.
Total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 24757.29 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2130.44 crore for the quarter ended 31-Dec-2021, up 5.97 per cent from previous quarter's Rs 2010.47 crore and up 22.72 per cent from the year-ago quarter's Rs 2756.93 crore.
The net profit for latest quarter stood at Rs 298.73 crore, down 25.3 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, DIIs held 12.16 per cent stake in the firm, while foreign institutional investors held 52.21 per cent and the promoters 3.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 23.39 and a price-to-book ratio of 1.93. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.
The counter opened at Rs 250.0 and touched an intraday high and low of Rs 260.8 and Rs 244.35, respectively, in the session so far. Shares of the company of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 378.6 and a 52-week low of Rs 166.8.
Total market cap of the Zee Entertainment Enterprises Ltd. stood at Rs 24757.29 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2130.44 crore for the quarter ended 31-Dec-2021, up 5.97 per cent from previous quarter's Rs 2010.47 crore and up 22.72 per cent from the year-ago quarter's Rs 2756.93 crore.
The net profit for latest quarter stood at Rs 298.73 crore, down 25.3 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, DIIs held 12.16 per cent stake in the firm, while foreign institutional investors held 52.21 per cent and the promoters 3.99 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 23.39 and a price-to-book ratio of 1.93. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software Production industry.
Pick the best companies to invest
BECOME AN ETPRIME MEMBERRead More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by