Shares of Zee Entertainment NSE -1.54 % Enterprises Ltd. traded at Rs 177.7 on BSE at 11:59AM (IST) on Thursday, down 2.09 per cent from previous close.


The scrip quoted a 52-week low price of Rs 114.0 and a high of Rs 362.5.

Earlier, shares of the company saw a gap down opening in the morning.

A total of 585,089 lakh shares changed hands on the counter till 11:59AM (IST).

The stock of Zee Entertainment Enterprises Ltd. commanded a market value of Rs 17077.77 crore, according to BSE.

The stock traded at a price-to-earning (P/E) multiple of 648.11, while the price-to-book value ratio stood at 1.27. Return on equity (ROE) was at 5.63 per cent, according to exchange data.

In the BSE500 pack, 151 stocks traded in the green, while 349 stocks were in the red.

The stock's beta value, which measures volatility in relation to the broader market, stood at 0.98.
Promotor/FII Holding
Promoters held 0.25 per cent in Zee Entertainment Enterprises Ltd. as of 30-Sep-2020 while overseas and domestic institutional investors owned 66.24 per cent and 3.73 per cent, respectively.

Moving averages
The 200-DMA of the stock stood at 188.81 on October 29, while the 50-DMA was at 201.84. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.