Media and Entertainment Media and Entertainment
Wed, November 27, 2024

Zee Entertainment Enterprises Ltd soars 2.0%, rises for third straight session


Published on 2024-11-27 03:23:56 - Michael Jones, N@N
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  • Zee Entertainment Enterprises Ltd is quoting at Rs 123, up 2.01% on the day as on 12:49 IST on the NSE. The stock is down 51.92% in last one year as compared to a 22.2% fall in NIFTY and a 14.49% fall in the Nifty Media index.

Zee Entertainment Enterprises Ltd. experienced a notable increase in its stock value, soaring by 2.01% to reach Rs 263.45 on November 27, 2024. This marked the third consecutive session of gains for the company, reflecting a positive market sentiment. The stock's performance was highlighted by a significant trading volume of 10.89 lakh shares on the BSE. Over the past month, the stock had appreciated by 10.55%, and over the last year, it had seen a rise of 30.89%. Despite these gains, the stock was still trading 10.85% below its 52-week high of Rs 295.5, which was recorded on July 27, 2023. The article also notes that the stock's beta over the past six months was 0.99, indicating it moves almost in line with the market.

Read the Full Business Standard Article at [ https://www.business-standard.com/markets/capital-market-news/zee-entertainment-enterprises-ltd-soars-2-01-rises-for-third-straight-session-124112700469_1.html ]
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