/ ZEEL Advances On Reporting Over Two Fold Jump in Q2 Consolidated Net Profit ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Wednesday, 25 October 2017



Zee Entertainment Enterprises (ZEEL) is currently trading at Rs. 532.00, up by 6.50 points or 1.24% from its previous closing of Rs. 525.50 on the BSE.

The scrip opened at Rs. 533.00 and has touched a high and low of Rs. 539.85 and Rs. 518.00 respectively. So far 1,29,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 561.00 on 24-Jul-2017 and a 52 week low of Rs. 428.50 on 23-Dec-2016.

Last one week high and low of the scrip stood at Rs. 539.85 and Rs. 486.10 respectively. The current market cap of the company is Rs. 51,071.00 crore.

The promoters holding in the company stood at 43.07%, while Institutions and Non-Institutions held 50.52% and 6.41% respectively.

The company has reported 5.89% rise in its net profit at Rs 347.04 crore for second quarter ended September 30, 2017 as compared to Rs 327.74 crore for the same quarter in the previous year. However, total income of the company decreased by 2.17% at Rs 1408.51 crore for Q2FY18 as compared Rs 1439.75 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over two-fold jump in its net profit at Rs 590.80 crore for the quarter ended September 30, 2017 as compared to Rs 238.40 crore for the same quarter in the previous year. The total income of the company increased by 2.68% at Rs 1785.18 crore for quarter under review as compared to Rs 1738.67 crore for the quarter ended September 30, 2016.

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