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Zee Entertainment spurts on receiving much-awaited landing rights in China

02 Mar 2012 Evaluate

Zee Entertainment Enterprises is currently trading at Rs 135.00, up by 5.10 points or 3.93% from its previous closing of Rs 129.90 on the BSE.

The scrip opened at Rs 132.80 and has touched a high and low of Rs 135.50 and Rs 131.90 respectively. So far 49190 shares were traded on the counter.

The BSE group 'A' stock of face value Re 1 has touched a 52 week high of Rs 145.85 on 09-Jun-2011 and a 52 week low of Rs 109.65 on 05-Oct-2011.

Last one week high and low of the scrip stood at Rs 135.50 and Rs 123.05 respectively. The current market cap of the company is Rs 12962.78 crore.

The promoters holding in the company stood at 43.51% while Institutions and Non-Institutions held 48.44% and 8.05% respectively.

Zee TV, a Hindi General Entertainment Channel of Zee Entertainment Enterprises, has received the much-awaited landing rights in China. Pursuant to receiving of this right, it will now enable the media firm to cater to audience in the mandarin country. The company had applied for landing rights in China in 2006.

Zee TV, the flagship channel of Zee Network was launched in October 1992. The channel reaches more than 120 countries and access to more than 500 million viewers globally including the UK, Europe, the US and Africa.

Zee Entertainment is India’s largest vertically integrated media & entertainment company. Its portfolio consists of brands like Zee TV, Zee Cinema, Zee Music, Zee Café, Zee Smile, Zee Action, Zee Premiere, ETC, ETC Punjabi, TEN Sports, Zee Studio, Zee Classic, Zee Trendz, & Zee Sports.

Zee Entertainment Share Price

81.06 0.85 (1.06%)
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