Ten out of Nifty 500 stocks declined up to 23% in October even as the Nifty and Nifty 500 gained around 4.5% each; should you buy these stocks or sell? Here's what the technical charts suggest.
During the quarter, Zee Entertainment's advertising revenue dropped 10.6 per cent to ₹806.3 crore, marking the sixth consecutive quarter of decline, against ₹901.7 crore a year ago.
Zee Entertainment shares declined 3.2 per cent, logging an intraday low at ₹129.45 per share on the BSE
Both these new channels are expected to have fast-paced content
Zee Entertainment shareholders approve the appointment of Saurav Adhikari and Divya Karani as non-executive, non-independent directors, with 75% approval in the e-voting process
ZEEL stock seen trading above its 20-Month moving average for the first time since January 2024; technical chart suggests the stock can potentially rally another 21% from here.
Zee Entertainment shares were in demand after the company announced a strategic partnership with Bullet, a content and technology start-up co-founded by Azim Lalani and Saurabh Kushwah.
The sale agreement was registered on March 28, 2025, with the Telangana government authorities
ZEE share news: The surge in ZEE shares today came on news that market regulator Sebi has rejected a settlement application filed by Zee Entertainment Enterprises and Punit Goenka
Among the standout performers, GE Vernova T&D India surged a staggering 318.2 percent, closing at Rs 2,104.9 on December 24. KFin Technologies also made a giant leap, climbing 206 per cent to Rs 1,477
ZEE Entertainment CEO Punit Goenka, who resigned from the post of Managing Director last week, has also withdrawn himself from reappointment for the post in the coming AGM, according to an exchange filing. While sharing Goenka's resignation letter to exchanges on Saturday, Zee Entertainment Enterprises Ltd (ZEEL) said he is "withdrawing his consent for his re-appointment as Managing Director of the company as proposed in the Notice of the ensuing Annual General Meeting. Earlier on October 18, 2024, the ZEEL board approved the proposal for Goenka's reappointment for a five-year term, effective from January 1, 2025, to December 31, 2029. Goenka's present tenure as Managing Director & CEO of the company was scheduled to finish at the 2024-end. Goenka's re-appointment was subject to approval from the shareholders, in the coming AGM, which is scheduled to be held on November 28. However, on November 18 Punit Goenka, son of media baron Subhash Chandra, resigned as the Managing Director .
However, festive season spurs demand as advertisers are back
Revenue declines 18% due to 'muted advertising spending environment'
Zee Entertainment Enterprises, a co-producer of Kangana Ranaut's "Emergency" film, on Thursday told the Bombay High Court it was working out with the Censor Board issues over issuance of certificate for the movie. The movie, which was initially slated for a September 6 release, has been embroiled in a battle with the Central Board of Film Certification (CBFC), popularly known as the censor board for non-issuance of certificate for release of the movie. Last week, the CBFC told the high court that the movie could be released if certain cuts were made as decided by the board's revising committee. On Thursday, senior counsel Sharan Jagtiani told a division bench of Justices B P Colabawalla and Firdosh Pooniwalla the issues are being worked out. "I believe it is working out between the CBFC and respondent 2 (Ranaut's Manikarnika Films, co-producer)," Jagtiani said. The bench posted the matter for hearing on Friday. Earlier this week, the bench was informed by the censor board that ..
The stock of the television broadcasting & software production company was trading lower for a fifth straight day, down 8 per cent during the period
Zee Entertainment on Tuesday said the Securities Issue and Allotment Committee of the company has approved the allotment of foreign currency convertible bonds (FCCBs) worth USD 239 million to investors. In a regulatory filing, Zee Entertainment Enterprises Limited said it has considered and approved the allotment of FCCBs of up to USD 239 million (around Rs 2,000 crore) maturing in 10 years on a private placement basis to Resonance Opportunities Fund, St John's Wood Fund Ltd and Ebisu Global Opportunities Fund. On July 16, the board of Zee Entertainment Enterprise Ltd (ZEEL) approved the raising of funds through FCCBs with a coupon rate of 5 per cent of up to USD 239 million from investors - Resonance Opportunities Fund, St. John's Wood Fund Ltd and Ebisu Global Opportunities Fund. These FCCBs will not be listed on any of the stock exchanges, it had said. However, investors who choose to convert their bonds into shares will pay Rs 160.20 per share. "In case of conversion of all FC
Zee Entertainment Enterprise Ltd on Wednesday reported a consolidated net profit of Rs 118.10 crore for the first quarter ended June 30, 2024. The company had reported a net loss of Rs 53.42 crore in the April-June quarter a year ago, Zee Entertainment Enterprise Ltd (ZEEL) said in a regulatory filing. The total income of the company was up 7.56 per cent to Rs 2,149.52 crore during the quarter under review. It was at Rs 1,998.26 crore in the corresponding quarter. Total expenses of ZEEL was at Rs 1,941.12 crore, marginally up in the June quarter of FY25. Shares of Zee Entertainment Enterprise Ltd on Wednesday were trading at Rs 147.60 on BSE, up 1.72 per cent from the previous close.
On June 3, ZEEL's the board had considered and given its in-principle approval for raising funds by up to Rs 2,000 crore.
The uptick in share price came after the board of directors of the company approved a fund raise of up to Rs 200 crore via all permitted instruments
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