Zee Entertainment Enterprises Ltd share price logo

Zee Entertainment Enterprises Ltd (ZEEL)

₹154.344.09%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on Zee Entertainment Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 24.23% to 41.27% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 2.07K Cr → 2.18K Cr (in ₹), with an average increase of 4.9% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 3.99% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Sun TV Network Ltd has given 70.9% return, outperforming this stock by 84.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Network 18 Media & Investments Ltd has given 58.5% return, outperforming this stock by 85.9%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, ZEEL stock has moved down by -40.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 122.96 Cr → 13.35 Cr (in ₹), with an average decrease of 64.8% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 32.49% to 28.46% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 28.19% to 19.18% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹154.02
    ₹161.59
  • 52 Week's Low

    52 Week's High

    ₹125.5
    ₹299.7
1 Month Return+ 9.02 %
3 Month Return+ 14.37 %
1 Year Return-13.13 %
Previous Close₹160.92
Open₹161.36
Volume1.40Cr
Upper Circuit-
Lower Circuit-
Market Cap₹15,456.68Cr

Analyst Rating

based on 19 analysts

HOLD
26.32%
Buy
26.32%
Hold
47.37%
Sell

Based on 19 analysts offering long term price targets for Zee Entertainment Enterprises Ltd. An average target of ₹172.16

Source: S&P Global Market Intelligence

Company Information

Zee Entertainment Enterprises Ltd (ZEEL) is one of India's leading media and entertainment companies. It was incorporated in 1982 by Subhash Chandra and is headquartered in Mumbai.

ZEEL operates across multiple lines of business, including television broadcasting, film production and distribution, digital content, music, international business, and new media. The company's top products include Zee TV, Zee Cinema, Zee Studio, Zee Marathi, Zee Bangla, and Zee Telugu.

ZEE is also the home of some of India's most popular and beloved brands, such as Zee News, Zee Anmol, Zee Bollywood, and Zee Café. The company has produced some of the country's most successful films, including Dangal, Raazi, and Uri: The Surgical Strike. ZEEL has also ventured into international markets, making it one of India's most successful media and entertainment companies. It has launched channels in the Middle East, Africa, Europe, and the United States, and is also the parent company of Essel Group, which has interests in infrastructure, education, and technology.

Share Price: ₹154.34 per share as on 19 Jun, 2024 04:01 PM
Market Capitalisation: ₹15,456.68Cr as of today
Revenue: ₹2,169.92Cr as on March 2024 (Q1 24)
Net Profit: ₹13.35Cr as on March 2024 (Q1 24)
Listing date: 09 Feb, 1995
Chairperson Name: R Gopalan
OrganisationZee Entertainment Enterprises Ltd
Headquarters
IndustryEntertainment
E-voting on sharesClick here to vote

Key events for Zee Entertainment Enterprises Ltd

  • Zee Entertainment Faces Challenges Amid CFO Resignation and Cost-Cutting Measures - 19 Jun, 2024

    Zee Entertainment faces challenges as its CFO resigns and SEBI investigates alleged fund diversion. The company has implemented cost-cutting measures, including layoffs, and approved fundraising plans. Despite a YoY increase in domestic advertising revenue for Q4 FY24, cash reserves have decreased by approximately 25 percent over five years.

  • Zee Entertainment's CFO Resigns, Acting CFO Named - 18 Jun, 2024

    Zee Entertainment Enterprises Ltd.'s Chief Financial Officer Rohit Kumar Gupta has resigned due to personal reasons. The company has named Mukund Galgali as the acting CFO. Zee is seeking to raise Rs 2,000 crore and is involved in litigation following a canceled merger with Sony Pictures Network India.

  • ICICI Securities Upgrades Zee Entertainment Enterprises to Buy - 13 Jun, 2024

    ICICI Securities has upgraded its rating for Zee Entertainment Enterprises from Add to Buy and raised their target price to ₹195 apiece. The brokerage cites the expectation that these companies will benefit in the medium term as FMCG companies increase their ad spending.

  • Zee Entertainment Stock Rises for Fifth Straight Session - 11 Jun, 2024

    Zee Entertainment Enterprises Ltd stock continues to rise for the fifth consecutive session, adding around 27.12% in the last one month. The stock is currently quoting at Rs 165 on NSE.

  • Sony Terminates Merger with Zee Entertainment; Layoffs Planned - 10 Jun, 2024

    Zee Entertainment Enterprises faces a setback as Sony terminates the proposed merger due to leadership disputes and fraud allegations. The company plans to reduce costs by laying off 15% of its workforce.

  • Zee Entertainment Enterprises Ltd Stock Could Reach ₹650-700 in Next Three Years - 08 Jun, 2024

    Zee Entertainment Enterprises Ltd stock has been in a downtrend since 2018, but could potentially rise to ₹300-350 and even target ₹650-700 over the next three years with a strong break above ₹350.

  • Zee Entertainment Board Approves Fundraising Proposal - 07 Jun, 2024

    Zee Entertainment Enterprises' board has approved a proposal to raise up to ₹2,000 crore by issuing equity shares and/or convertible or non-convertible securities as it looks to fortify ahead of increased competition. CLSA has given an Underperform Call on Zee Ent with a Target of `150/Sh due to low promoter ownership. The stock is up 1.27% at Rs 155.5.

  • Zee Entertainment Board Approves Fundraising Plan - 06 Jun, 2024

    Zee Entertainment Enterprises Ltd's board has given in-principle approval for raising funds up to Rs 2,000 crore via private placements, qualified institutions placements, and preferential issues. The move will enable the company to pursue future growth opportunities in the evolving media landscape.

  • Senior Level Exits at Zee Entertainment Amid Cost-Cutting Measures - 05 Jun, 2024

    Zee Entertainment witnesses multiple senior-level exits amidst cost-cutting measures and fundraising plans. Animesh Kumar resigns as President - HR & Transformation, while the company's F&O contracts are under a trade ban due to high open interest.

  • Zee Entertainment Plans Fundraising Proposal - 04 Jun, 2024

    Zee Entertainment Enterprises plans to raise funds through the issuance of equity shares and/or any other eligible securities. The company reported a Q4 FY24 net profit of Rs 12.18 crore and revenue from operations increased by 2.7%. However, Zee Entertainment's stock plummeted 10.43% after announcing its fundraising proposal.

  • Zee Entertainment Plans Fundraising Proposal - 03 Jun, 2024

    Zee Entertainment Enterprises Ltd is considering raising funds through various modes, including private placement, qualified institutional placement (QIP), or preferential issue. The company aims to stabilize its financial standing following the terminated merger deal with Sony Corporation earlier this year. Chairman Emeritus Subhash Chandra called for stakeholders to stand against threats to press freedom.

  • Zee Entertainment Merger Deal with Sony Falls Through - 30 May, 2024

    The merger deal between Zee Entertainment and Sony Pictures Networks India (SPNI) failed due to regulatory issues and the falling financials of Zee. The company incurred Rs 432 crore in merger-related costs during FY2023-24 and FY2022-23, including impairment charges of Rs 331 crore due to closure of certain businesses.

  • Zee Entertainment and Sun TV Networks Ad Revenue Remains Flat in FY24 - 28 May, 2024

    Zee Entertainment Enterprises Ltd and Sun TV Networks both reported flat ad revenue for FY24, while Star India and Sony Pictures Networks also faced pressure. Zee CEO Punit Goenka attributed the subdued performance to macro-economic headwinds and external factors.

  • Zee Demands Termination Fee From Sony After Abandoned Merger Deal - 24 May, 2024

    Zee Entertainment has demanded a $90 million termination fee from Sony for calling off their planned $10 billion merger deal. Zee terminated the Merger Cooperation Agreement with Culver Max and BEPL and requested settlement of the termination fee. The company is set to reveal its Q4 earnings today, which could influence market trends and investor decisions.

  • ZEE Demands Termination Fee, Vishkanya Fails to Replicate Naagin's Success - 23 May, 2024

    Zee Entertainment Enterprises Ltd has demanded a $90M termination fee from Culver Max Entertainment and Bangla Entertainment for failing to comply with their obligations under the merger cooperation agreement. Meanwhile, Zee TV's new show Vishkanya has not been able to replicate the success of its hit show Naagin.

  • Zee Entertainment Gains After Q4 Results Beat Estimates - 22 May, 2024

    Zee Entertainment Enterprises Ltd gained over 11% in the past three trading sessions following its Q4 results that beat analysts' estimates. The company incurred Rs 432 crore in merger-related costs due to a failed Sony deal and reduced its workforce by 15%. Prabhudas Lilladher recommends holding the stock with a target price of Rs 160.

  • Brokerages Upgrade Zee Entertainment After Strong Q4 Results - 21 May, 2024

    Zee Entertainment's Q4 revenue grew by almost 3% YoY to ₹2,169 crore, aided by domestic advertising revenue rising 10.6%. CLSA upgraded the company to Underperform from Sell, while JM Financial gave it a buy call with a target price of Rs 170. The stock gained over 3% and surpassed its previous trading high on the NSE.

Zee Entertainment Enterprises Ltd Valuation

Zee Entertainment Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-409.30x)

January 4, 2024

Industry (54.50x)

June 18, 2024

Today (110.22x)

June 18, 2024

Highest (799.82x)

September 7, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth OptionHDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option0.43%
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option0.36%
ICICI Prudential Value Discovery Fund Direct Plan GrowthICICI Prudential Value Discovery Fund Direct Plan Growth0.4%
Nippon India Multi Cap Fund - Direct Plan - GrowthNippon India Multi Cap Fund - Direct Plan - Growth0.47%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.16%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
3.99%
0.00
Foreign Institutions
19.18%
0.00
Mutual Funds
28.46%
0.00
Retail Investors
41.27%
0.00
Others
7.1%
0.00

News

ONGC confirms its labs will stay in Assam, ensures commitment to local development

Oil and Natural Gas Corporation (ONGC) has assured that its Regional Geosciences Lab (RGL) will remain in Sivasagar, Assam, dispelling rumours of relocation. ON... Read more

19 Jun, 2024 03:24 PM

Microcap stock hits upper circuit after company received an order from ONGC

The share price of this Microcap telecom equipment and infra services firm hit a 2 percent upper circuit to an Intraday high of Rs 600.25 per share on Wednesday... Read more

19 Jun, 2024 03:26 PM

Valiant Communications: To deploy cyber security suite for ONGC; stock rises

Valiant Communications: Stock price rises after being awarded ONGC project for Cyber Security Defence solutions, enhancing network security with government-appr... Read more

19 Jun, 2024 04:09 PM
View More

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Zee Entertainment Enterprises Ltd shares.

Zee Entertainment Enterprises Ltd (ZEEL) share price today is ₹154.34

Zee Entertainment Enterprises Ltd is listed on NSE

Zee Entertainment Enterprises Ltd is listed on BSE

  • Today’s highest price of Zee Entertainment Enterprises Ltd is ₹161.59.
  • Today’s lowest price of Zee Entertainment Enterprises Ltd is ₹154.02.

PE Ratio of Zee Entertainment Enterprises Ltd is 110.22

PE ratio = Zee Entertainment Enterprises Ltd Market price per share / Zee Entertainment Enterprises Ltd Earnings per share

Today’s traded volume of Zee Entertainment Enterprises Ltd(ZEEL) is 1.40Cr.

Today’s market capitalisation of Zee Entertainment Enterprises Ltd(ZEEL) is ₹15456.68Cr.

Zee Entertainment Enterprises Ltd(ZEELPrice
52 Week High
₹299.7
52 Week Low
₹125.5

Zee Entertainment Enterprises Ltd(ZEEL) share price is ₹154.34. It is down -48.50% from its 52 Week High price of ₹299.7

Zee Entertainment Enterprises Ltd(ZEEL) share price is ₹154.34. It is up 22.98% from its 52 Week Low price of ₹125.5

Zee Entertainment Enterprises Ltd(ZEELReturns
1 Day Returns
-6.58%
1 Month Returns
9.02%
3 Month Returns
14.37%
1 Year Returns
-13.13%