The shares of Zee Entertainment Enterprises Ltd. gained 0.18% to Rs 197.0 in Monday’s 11:12 am (IST) session, even as the benchmark Sensex shares traded 153.27 points higher at 54,430.99.

Earlier today, the title saw a gap at the start of the session. The stock listed a 52-week high of Rs 261.0 and a 52-week low of Rs 145.0 on NSE. About 623,382 shares changed hands on the clock until 11:12 a.m. (IST).

The action opened at Rs 191.35 and hit an intraday high and low of Rs 198.7 and Rs 190.0 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 19.21, an earnings per share (EPS) of Rs 10.24, and a price-to-book (PB) of 1.27, while the return on equity Own (ROE) amounted to Rs 7.92.

Promoter / FII Holding
The promoters held 3.99 percent of the company’s capital as of August 9, while FII and MF’s holdings were 57.46 percent and 8.1 percent, respectively.

Key financial data

With a market capitalization of Rs 18,893.34 crore, the company operates in the television broadcasting and software production business. For the quarter ended June 30, 2021, the company reported consolidated sales of Rs 1,808.56 crore, down 8.86% from the previous quarter of Rs 1,984.39 and down 35.13% compared to the same quarter a year ago. The company reported net profit of Rs 213.74 crore for the most recent quarter, up 603.79% from the corresponding quarter last year.

Technical indicators
The Relative Strength Index (RSI) for the stock stands at 33.32. The RSI hovers between zero and 100. Traditionally it is considered an overbought condition when the value of the RSI is above 70 and an oversold condition when it is below 30. Analysts say the RSI indicator should only not be viewed in isolation, as it may not be sufficient to take a trade call, in the same way that a fundamental analyst cannot give a ‘buy’ or ‘sell’ recommendation using a single valuation ratio .


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