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HDFC MF sells 3.15% stake in Zee Media Corporation

14 Jul 2015 Evaluate

HDFC Mutual Fund (MF) has sold 3.15 per cent stake in media and entertainment firm Zee Media Corporation for over Rs 26 crore. The fund house sold 1.48 crore shares in the open market on July 9 and based on the closing stock price of Rs 17.70, the transaction value is estimated at Rs 26.26 crore.

HDFC Mutual Fund, which had a 5.05 stake earlier, brought down its shareholding in the company to 1.89 per cent.

Zee Media Corporation (ZMCL), formerly known as Zee News, broadcasts 10 news channels including two national ones - Zee News and Zee Business.

Zee Media Corpn. Share Price

8.32 -0.01 (-0.12%)
08-May-2026 16:59 View Price Chart
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