Zee Entertainment Enterprises rose 1.88% to Rs 222.25 at 12:29 IST on BSE after two block deals aggregating 4.11 lakh shares were executed on BSE at Rs 220 per share.
A block deal of 2 lakh shares was executed at 10:48 IST. Another block deal of 2.11 lakh shares was executed at 11:12 IST.
The two block deals constitute 0.04% of Zee Entertainment Enterprises' equity.
Meanwhile, the S&P BSE Sensex was up 380.89 points or 2.05% at 18,948.44.
On BSE, 5.13 lakh shares were traded in the counter as against average daily volume of 2.23 lakh shares in the past one quarter.
The stock hit a high of Rs 224.05 and a low of Rs 219.15 so far during the day. The stock had hit a 52-week high of Rs 267.35 on 26 July 2013. The stock had hit a 52-week low of Rs 161.55 on 4 September 2012.
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The stock had underperformed the market over the past one month till 4 September 2013, sliding 9.82% compared with the Sensex's 3.11% fall. The scrip had also underperformed the market in past one quarter, declining 8.7% as against Sensex's 5% fall.
The large-cap media company has equity capital of Rs 95.99 crore. Face value per share is Re 1.
Zee Entertainment Enterprises' consolidated net profit surged 42% to Rs 224.64 crore on 15.5% growth in net sales to Rs 973.25 crore in Q1 June 2013 over Q1 June 2012.
Zee Entertainment Enterprises is one of India's leading television media and entertainment companies.
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