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STOCK MARKET

ZEEL Up For Third Straight Session

The firm informed the exchanges yesterday that it has scheduled a board meeting for 16 July.

Today, Zee Entertainment Enterprises Ltd is up for a third straight session. The company’s shares are quoted at Rs 243.85 to 1.65 per cent.

The benchmark NIFTY is up around 1.63 per cent daily, at 16912.7. The Sensex is at 56821.84, up 1.8 per cent. In the last month, ZEEL has risen around 14.54 per cent. Meanwhile, the Nifty IT index, of which Zee Entertainment Enterprises Ltd is a constituent, rose around 7.36% in June. Currently, the company’s stock has quoted at 2021.9 to 0.88 per cent on the day.

The volume in the stock stood at 67.43 lakh shares, compared to the daily average of 52.97 lakh shares in the last month. The benchmark July futures contract for the stock is at Rs 243.2, up 1.33% on the day. Zee Entertainment Enterprises Ltd is up 22.48 per cent in FY22 compared to a 7.19 per cent spurt in NIFTY and a 15.77 per cent spurt in the Nifty IT index. The Private Equity of the stock is 16.07 based on TTM earnings ending March 22.

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