Zee Entertainment Enterprises Ltd. experienced a slight decrease of 0.16% in its share price to Rs 186.85 during Tuesday’s session as of 01:24 PM (IST), despite the broader equity benchmark Sensex is trading higher at 71,412.87, up by 340.38 points.
The stock had a gap up start to the session. The stock’s 52-week highest was recorded at Rs 299.5, while its 52-week lowest was at Rs 152.5 on the National Stock Exchange (NSE). Approximately 414,562 shares were traded till 01:24 PM (IST).
A snapshot on its fundamental,wheather stock should be chosen for long term or short term,fixed assets of company has increased from 967 Cr to 1050 Cr in march 2022 to march 2023 and total assests gain of 489 Cr in 2022 to 2023. Basic EPS( Earning per share) is found decreased from 10.04 to 2.62 in previous two years.
Overall, negative feedback has attained for buying the stock, not in favour to buy for long term investment but short term investors can invest while keeping strong eyes for buying this stock.