Zee Entertainment Enterprises is currently trading at Rs. 543.90, up by 1.05 points or 0.19% from its previous closing of Rs. 542.85 on the BSE.
The scrip opened at Rs. 546.05 and has touched a high and low of Rs. 546.05 and Rs. 543.45 respectively. So far 4986 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 588.80 on 03-Oct-2016 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. 546.95 and Rs. 521.90 respectively. The current market cap of the company is Rs. 52238.81 crore.
The promoters holding in the company stood at 43.07%, while Institutions and Non-Institutions held 50.38% and 6.56% respectively.
Zee Entertainment Enterprises (ZEEL) has concluded two-step sale of its sport business ‘TEN Sports Network’ to Sony Pictures and received $36.32 million in the second phase.
Last year in August, ZEEL had announced it would sell its sports channel Ten Sports to Sony Pictures Networks for $385 million in an all cash deal. The company and Sony Pictures Network India (SPNI) have mutually concluded closure of transaction upon receipt of remittance of consideration of $36.32 million from SPNI.
ZEEL had in February completed the first phase of the sale for $330 million. The adjustment of the consideration amount is mainly consequent to retention of a lease hold immovable property at Dubai by Taj TV, Mauritius and certain working capital adjustments of the sports business as per the agreement.
Zee Entertainment Enterprises is one of India’s leading television media and entertainment companies. It is amongst the largest producers and aggregators of Hindi programming in the world.
| Company Name | CMP |
|---|---|
| Zee Entertainment | 87.70 |
| Sun TV Network | 650.35 |
| GTPL Hathway | 68.16 |
| Network 18 Media Inv | 35.92 |
| TV Today Network | 115.94 |
| View more.. | |
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