[ad_1] Shares of Zee Entertainment Enterprises Ltd. surged as much as 6% on Thursday, March 20, after brokerage firm CLSA projected the stock to double in value over the next 12-24 months. CLSA currently has an “outperform” rating on the stock with a price target of ₹170, which implies a potential upside of 70%. The […]
Zee Entertainment shares may see 83% upside, Nuvama says after promoter raises stake – CNBC TV18
[ad_1] Shares of Zee Entertainment Enterprises Ltd. are trading with gains of close to 4% on Friday, March 7, after brokerage firm Nuvama spoke about the company’s promoters increasing their stake. Promoters of Zee Entertainment bought nearly 27 lakh shares of the company from the open market worth nearly ₹27 crore, taking their total stake […]
NFRA fines Deloitte ₹2 crore for Zee Entertainment audit lapses – CNBC TV18
[ad_1] The National Financial Reporting Authority (NFRA) has imposed a penalty of ₹2 crore on Deloitte for failing to adhere to auditing standards in its role as the statutory auditor of Zee Entertainment Enterprises Ltd. Company Value Change %Change The regulator found that Deloitte had been grossly negligent in its audit of Zee’s financial statements, […]
Zee Entertainment will contest ₹8,000 crore claims made by Star India; Shares fall – CNBC TV18
[ad_1] Zee Entertainment Enterprises Ltd. on Wednesday (September 18) informed the stock exchanges that it will strongly contest all unfounded claims by Disney-owned Star India and reserves all its rights. Star India has filed for damages quantified at $940 million (or nearly ₹8,000 crore) from Zee. The media company has categorically refuted all claims and […]
Trade Setup for September 13: Nifty bulls aim to end week on a high by crossing 25,500 – CNBC TV18
[ad_1] Thursday’s trading session can be categorised into two halves. The first half is until 2 PM, and the second half post that. Post 2 PM, it was a one-way move for the market. Until then, the Nifty, which struggled to cross 25,000 for the better part of the day, crossed 25,200, 25,300 and even […]
CNBC-TV18 Morning Call: US markets await Nvidia results, NSE seeks SEBI NOC for IPO and more – CNBC TV18
[ad_1] 1 / 11 The US markets ended largely flat on Tuesday ahead of results from AI-darling Nvidia, which will be reported after the bell on Wednesday. More here. 2 / 11 Bitcoin posted its biggest drop since the turmoil that gripped global markets in early August, part of a wider retreat in crypto prices […]
Zee Entertainment returns to profitability in Q1; Co sees ‘meaningfully better’ margins in FY25 – CNBC TV18
[ad_1] Zee Entertainment Enterprises Ltd. said on Wednesday that its EBITDA margin for financial year 2025 will be ‘meaningfully better’ when compared to financial year 2024. The company said this in an investor presentation post the June quarter results announcement. For the June quarter, Zee Entertainment’s EBITDA margin expanded by 500 basis points to 12.8% […]