Shares of Zee Entertainment Enterprises rose nearly 3% to Rs 144.4 in Tuesday’s trade on BSE after the firm reported a profit of Rs 13 crore in the March quarter of FY24, after reporting a loss of Rs 196 crore in the year-ago period. Moreover, the company’s shares closed over 4% higher in a special … Read more
Three stocks are on the F&O trade ban list on Thursday viz. Hindustan Copper, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (Zee). SAIL and Zee are the latest entrants. The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions … Read more
Zee Entertainment Enterprises is under the F&O trade ban on Saturday. The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Individuals trading … Read more
Equity indices soared more than 2% to settle at record high levels on Monday, marking the fifth straight day of gains. The 30-share Sensex jumped 1,384 points to close at a lifetime high of 68,865 and the broader Nifty also climbed 419 points to hit its all-time closing high of 20,686. Stocks that were in … Read more
The Securities Appellate Tribunal (SAT) on Monday dismissed pleas of Zee Entertainment promoters Subhash Chandra and Punit Goenka challenging Sebi’s interim order restraining them from holding any directorship or key managerial positions in listed entities. The appellate tribunal on June 27 had reserved its order on petitions filed by Essel Group Chairman Subhash Chandra and … Read more
A bunch of widely tracked companies like M&M, LIC, Shree Cements, HUDCO, ONGC, BPCL, Ashok Leyland, Hindalco, Vodafone Idea, and Nykaa would be releasing their March quarter report cards this week. Here’s a list:May 22Shree Cements, Bharat Petroleum Corporation, Aditya Birla Fashion and Retail, SJVN, Capri Global Capital, Finolex Industries, CESC, Sun Pharma Advanced Research … Read more
New Delhi: Shares of Zee Entertainment zoomed as much as 6 per cent in opening trade on Thursday after the company received conditional approval for the merger with Sony from the Competition Commission of India (CCI). The deal, announced a year ago, received the Competition Commission of India’s nod after the regulator accepted ‘voluntary remedies’ … Read more
NEW DELHI: Shares of nosedived around 3% in early trade on Monday as the company’s largest investor, Invesco, repeated its call for an extraordinary general meeting to discuss the removal of three directors and inclusion of six independent board members. The development, a sign of continued struggle for control of the company, sent the scrip … Read more
MUMBAI: Dalal Street loves its comeback story. Investors of Zee Entertainment Enterprises had their best day ever as the shares of the media company soared 40 per cent on the back of some head-turning shareholder activism by its largest investor. Invesco Oppenheimer’s proposal to oust Punit Goenka and few other directors of Zee Entertainment’s board … Read more
Mumbai: Broadcaster Zee Entertainment Enterprises may post a sharp drop in net profit in the quarter ended June as Covid-19 pandemic-induced lockdown significantly hurt advertising demand. The television channels were also forced to air rehashed old content as production came to a grinding halt. The company is slated to announce its June quarter earnings on … Read more