Don’t miss the latest developments in business and finance.

Zee Entertainment gains after two bulk deals

Image
Capital Market
Last Updated : Sep 05 2013 | 11:55 PM IST

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.

More From This Section

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.

Powered by Capital Market - Live News

Also Read

First Published: Sep 05 2013 | 12:28 PM IST

Next Story