Time period given by analyst is Intra Day when Zee Entertainment Enterprises Ltd. price can reach defined target.
Zee Entertainment Enterprises Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 32748.78 Crore) operating in Media & Entertainment sector.
Zee Entertainment Enterprises Ltd. key Products/Revenue Segments include Income From Advertisement, Subscription Income, Television Content, Transmission Revenue, Other Operating Revenue and Commission for the year ending 31-Mar-2021.
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 2010.47 Crore, up 11.16 % from last quarter Total Income of Rs 1808.56 Crore and up 14.19 % from last year same quarter Total Income of Rs 1760.61 Crore. Company reported net profit after tax of Rs 266.04 Crore in latest quarter.
The stock has broken out from a consolidation range triggering resumption of uptrend. Further, the RSI indicator has also turned higher from the 40-level i.e. lower end of the bull zone, confirming strength in the stock
Promoters held 3.99 per cent stake in the company as of 30-Sep-2021, while FIIs owned 57.18 per cent, DIIs 15.98 per cent.
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