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Zee Entertainment Enterprises Ltd spikes more than 6%

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Capital Market

Zee Entertainment Enterprises Ltd is quoting at Rs 266.25, up 6.2% on the day as on 12:49 IST on the NSE. The stock is down 42.57% in last one year as compared to a 9.62% jump in NIFTY and a 30.43% jump in the Nifty Media index.

Zee Entertainment Enterprises Ltd gained for a third straight session today. The stock is quoting at Rs 266.25, up 6.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11458.5. The Sensex is at 38598.27, up 0.24%. Zee Entertainment Enterprises Ltd has slipped around 21.08% in last one month.

 

Meanwhile, Nifty Media index of which Zee Entertainment Enterprises Ltd is a constituent, has slipped around 5.4% in last one month and is currently quoting at 1740.8, up 1.96% on the day. The volume in the stock stood at 100.05 lakh shares today, compared to the daily average of 265.39 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 266.45, up 6.26% on the day. Zee Entertainment Enterprises Ltd is down 42.57% in last one year as compared to a 9.62% jump in NIFTY and a 30.43% jump in the Nifty Media index.

The PE of the stock is 13.28 based on TTM earnings ending June 19.

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First Published: Oct 16 2019 | 1:05 PM IST

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