Zee Entertainment share price target
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Abhijit Pathak of Definedge Solutions on October 30, 2019 has given a sell call on Zee with Zee Entertainment stock price target of Rs. 225. The current price is trading around 236.45. Zee has an market cap of Rs. 22710.59 crore. Company has posted its Q2 results and reported consolidated sales of Rs 2122.01 crore. Net profit after tax of Rs 413.29 Crore. The company has a total of 960,481,765 shares outstanding.
Essel International is one of the promoters of Zee Entertainment has old over 2.68 lakhs share of Zee through market on October 22 as per disclosure given to the Bombay Stock Exchange of India. Zee CEO Punit Goenka had disclosed earlier this month that over 90% of the promoters holding in the company was pledged.
Zee TV’s acting talent hunt show for kids – India’s Best Dramebaaz is back with an all-new third season. Having opened up a world of opportunities for truly deserving talents like Kartikey Raj, Kartikey Malviya, Tamanna Dipak, Praneet Sharma – each of who have carved a niche for themselves as performing artistes, the show’s latest season gives a chance to a new lot of promising child actors to polish their acting skills and emerge as superstars tomorrow.
Zee Entertainment has launched an online platform to democratize advertising on television by going direct to small retail advertisers. The new initiative will directly connect and enable small retail advertisers to advertise on Zee bouquet of channels as per latest report published on 01st November 2018.
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