Zee Entertainment Enterprises rose 0.74% to Rs 386.85 at 13:25 IST on BSE, after a bulk deal of 9.83 lakh shares was executed on the scrip at Rs 384.25 per share in opening trade on BSE today, 8 April 2016.
Meanwhile, the S&P BSE Sensex was up 18.45 points or 0.07% at 24,703.87
Bulk deal boosted volume on the scrip. On BSE, so far 9.98 lakh shares were traded in the counter as against average daily volume of 1.13 lakh shares in the past one quarter. The stock hit a high of Rs 388 and a low of Rs 382.85 so far during the day. The stock had hit a 52-week low of Rs 299.65 on 15 May 2015. The stock had hit a 52-week high of Rs 440.30 on 21 October 2015. The stock had underperformed the market over the past one month till 7 April 2016, falling 3.1% compared with 0.16% decline in the Sensex. The scrip also underperformed the market in past one quarter, sliding 7.51% as against Sensex's 0.67% fall.
The large-cap company has equity capital of Rs 96.04 crore. Face value per share is Re 1.
On consolidated basis, Zee Entertainment Enterprises' net profit declined 10.9% to Rs 275 crore on 17% growth in net sales to Rs 1595.08 crore in Q3 December 2015 over Q3 December 2014.
Zee Entertainment Enterprises is one of India's leading television media and entertainment companies.
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