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
Zee Entertainment, which has seen its shares falling 37 per cent from the recent peak, could see multiple headwinds in the near future, but analysts’ targets so far suggest up to 77 per cent upside on the counter. A fall in network share for two straight quarters, headwinds for advertisers and a lack of clarity … 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