 "The stock has rallied 34 per cent from a level of Rs 129 in the past two trading days.")
Shares of Zee Entertainment Enterprises (ZEE) surged 14 per cent to Rs 173 on the National Stock Exchange (NSE) on Thursday after foreign portfolio investors (FPIs) bought less than 1 per cent stake in the broadcasting & cable TV operators via open market on Wednesday. The stock has rallied 34 per cent from a level of Rs 129 in the past two trading days.
On Wednesday, Florida Retirement System (FRS) acquired 5.11 million equity shares, representing 0.53 per cent of the total paid up equity of the ZEE, on the NSE via bulk deals, the exchange data shows. FRS purchased
