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Zee Entertainment trades firm after huge block deals

About 7.88 million shares Zee Entertainment changed hands in three block deals on NSE and BSE.

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SI Reporter Mumbai
Zee Entertainment Enterprises is trading higher by 3% to Rs 276 in an otherwise weak market after multiple block deals were executed on the counter on NSE and BSE. The stock hit a high of Rs 279 and touched low of Rs 268 on NSE so far.

About 7.88 million shares representing 0.82% of total equity of Zee Entertainment changed hands in three block deals on NSE and BSE.

At 1031 hours, around 3.94 million shares changed hands at a price of Rs 274 per share, the BSE data shows.
However, the identity of the buyers and sellers could not be yet ascertained.

Meanwhile, till 1405 hours, a combined 17.28 million shares changed hands against an average sub 3 million shares that were traded daily in past two weeks.

 
 

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First Published: Jun 18 2014 | 2:06 PM IST

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