Page 12 - Zee Entertainment

Zee Entertainment posts Q4 net loss at Rs 766 cr on higher operating costs

During the March 2020 quarter, its operational cost went up by 47.69 per cent to Rs 1,304.62 crore as against Rs 883.32 crore

UTI MF schemes receive payments for side-pocketed Zee Learn exposure

Balance amount was paid by Zee Entertainment Enterprises

Trading ideas by Religare Broking: Buy IGL, Torrent Pharmaceuticals

IGL has tested the major support zone of the long-term moving average (200 EMA) on the daily chart of late

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

YES Bank acquires 24.19% stake in Dish TV through pledged shares

The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.

Franklin MF sees Rs 616 cr default from Essel Infra in four schemes

Mutual fund manager appoints legal counsel, says it is considering ways to maximise recovery value

Covid-19 impact on sectors: Consumption story hits the slow lane

The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors

Zee Entertainment soars 14% as FPI picks stake; gains 34% in two 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

Zee stock plunges 13% over Rs 522 cr investment in tech subsidiary

The stock ended the day at Rs 137 on the BSE, down 8.57 per cent. But investors remained nervous about the fund infusion despite the company management saying it would boost its digital business

Zee Entertainment slides 10% on Rs 522 crore investment in tech arm

The additional investment will be used for operational and financial support, ZEEL said

ZEE Entertainment invests Rs 522 crore in tech subsidiary Margo Networks

The additional investment will be used for operational and financial support

Aplab to remove debt-ridden Zee Entertainment from promoter list to public

Electric equipment maker Aplab on Wednesday said it will reclassify debt-ridden Zee Entertainment Enterprises Ltd (ZEEL) from promoter category to public category. The company's board is scheduled to meet on March 26 to approve the reclassification process, Aplab said in a regulatory filing. For the quarter ended December 31, 2019, stake of ZEEL in Aplab had fallen to 9.50 per cent to 4.75 lakh shares. "We hereby inform you that a meeting of the Board of Directors of the Company will be held on Thursday, March 26, 2020 to approve the reclassification process of ZEEL from Promoter Category to Public Category and other matters," it said. Presently, 'Promoter & Promoter Group' hold 58.97 per cent stake in Aplab. Earlier, ZEEL held 13.21 lakh shares, comprising 26.42 per cent of the paid up capital of Aplab. ZEEL had acquired these share in 2013.

Zee Entertainment stock falls 20% a day after ED summons Subhash Chandra

Zee on Tuesday said it had no borrowings from YES Bank at all

Zee Entertainment Enterprises hits over 7-year low, tanks 40% in 2 weeks

In the past two weeks, the stock price has tanked 40 per cent, as compared to 18 per cent decline in the Sensex in the same period

Punjabi to Bangla: TV channels bet on regional languages for success

Bhojpuri, Punjabi, Gujarati, Odia are among the new languages driving growth and action in the television market

MCA inspection may spoil the show for Zee; stock sheds 15% in two sessions

In a clarification to the exchanges, Zee acknowledged that it had received a letter from the MCA, seeking information and inspection

Zee Entertainment slips 7% amid reports govt to probe company's books

In the past two weeks, ZEEL has underperformed the market by falling 23 per cent after reporting disappointing numbers for the quarter ended December 2019 (Q3FY20).

Zee Entertainment dips 4% as Q3 profit plunges on low ad revenue, high cost

According to the management, the domestic ad revenue was hit by the persisting slowdown in the key consumer sectors.

Zee Entertainment Q3 profit before tax slips 37% as ad revenues dip

The advertising revenue for the quarter came in at Rs 1,230.8 crore, down 15.8% YoY

Ad growth slowdown, new rules headwinds for Zee Entertainment stock

Valuations appear attractive, but near-term concerns remain