Hot Pursuit     08-May-23
Zee Entertainment Enterprises Ltd down for fifth straight session
Zee Entertainment Enterprises Ltd is quoting at Rs 191.4, down 0.7% on the day as on 13:19 IST on the NSE. The stock tumbled 18.5% in last one year as compared to a 12.12% rally in NIFTY and a 13.63% fall in the Nifty IT index.

Zee Entertainment Enterprises Ltd is down for a fifth straight session today. The stock is quoting at Rs 191.4, down 0.7% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 1.15% on the day, quoting at 18277.5. The Sensex is at 61825.1, up 1.26%.Zee Entertainment Enterprises Ltd has lost around 9.48% in last one month.Meanwhile, Nifty IT index of which Zee Entertainment Enterprises Ltd is a constituent, has eased around 2.07% in last one month and is currently quoting at 1707.65, down 0.51% on the day. The volume in the stock stood at 44.05 lakh shares today, compared to the daily average of 98.56 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 192.3, down 0.57% on the day. Zee Entertainment Enterprises Ltd tumbled 18.5% in last one year as compared to a 12.12% rally in NIFTY and a 13.63% fall in the Nifty IT index.

The PE of the stock is 17.35 based on TTM earnings ending December 22.

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