Zee Entertainment Enterprises declines after announcing Q4 results

Zee Entertainment Enterprises declined 1.12% to Rs 314.75 at 15:00 IST on BSE after consolidated net profit rose 6.06% to Rs 230.77 crore on 19.51% rise in total income to Rs 1403.47 crore in Q4 March 2015 over Q4 March 2014.

The company announced results during market hours today, 21 May 2015.

Meanwhile, the S&P BSE Sensex was down 7.53 points or 0.03% at 27,829.68.

On BSE, so far 6.15 lakh shares were traded in the counter as against average daily volume of 3.91 lakh shares in the past one quarter.

The stock hit a high of Rs 323.35 and a low of Rs 312.20 so far during the day. The stock had hit a 52-week high of Rs 401.60 on 25 November 2014. The stock had hit a 52-week low of Rs 261.10 on 16 June 2014.

The stock had underperformed the market over the past one month till 20 May 2015, falling 3.09% compared with Sensex's 0.18% fall. The scrip had also underperformed the market in past one quarter, sliding 11.05% as against Sensex's 4.77% fall.

The large-cap firm has equity capital of Rs 96.04 crore. Face value per share is Re 1.

Zee Entertainment Enterprises is one of India's leading television media and entertainment companies.

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