Zee Entertainment gains 8%, inches towards 52-week high

In the past two days the stock has rallied 13% to Rs 336.20, and is closer to its 52-week high of Rs 362.85

Shares of Zee Entertainment Enterprises were up 8 per cent at Rs 336.20 on the BSE in Wednesday's intra-day trade, gaining 13 per cent in the past two trading days, after Punit Goenka, MD and CEO of Zee said that merger talks between the company and Sony Pictures Networks India (SPNI) are in final stages of stitching up.

The stock of the broadcasting & cable TV operator inched towards its 52-week high of Rs 362.85, touched on September 23, 2021. The counter saw huge trading volumes today with a combined 21.2 million equity shares having changed hands on the