 "Zee Entertainment up on brokerage upgrade")
Zee is the best play on structural improvement in India's pay-TV market and booming consumption, the brokerage said in a note.
The brokerage has also revised the target price upwards to Rs 315 per share from Rs 300 earlier.
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Further, the stock will be included in National Stock Exchange's benchmark index Nifty from Friday, September 19, 2014 replacing United Spirits.
The stock opened at Rs 289 and touched a high of Rs 293 so far on the BSE. Over 1.7 million shares were traded on both the stock exchanges so far.
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