Shares of Zee Entertainment NSE -2.06 % Enterprises Ltd. traded 1.8 per cent lower in Monday's session at 02:05PM (IST). The stock opened at Rs 214.2 and has touched an intraday high and low of Rs 214.8 and Rs 208.75, respectively, during the session so far.

The stock quoted a 52-week high of Rs 362.5 and a 52-week low of 114.0. About 477,382 shares changed hands on the counter so far.

Benchmark Nifty50 was up 98.55 points at 11515.50, while the BSE Sensex traded 350.18 points higher at 39047.23 at the time of writing of this report.

In the Nifty pack, 28 stocks traded the day in the green, while 22 were in the red.

Key Financials
For the quarter ended 30-Jun-2020, the company reported consolidated sales of Rs 1312.03 crore, down 32.75 per cent from the previous quarter's Rs 1951.08 crore and down 34.66 per cent from the year-ago quarter. The company reported net profit of Rs 30.37 crore for the latest quarter.

Promoter Holdings
Promoters held 1.0 per cent stake in the company as of 30-Jun-2020, while FIIs held 67.32 per cent and MFs 3.77 per cent.

On the technical charts, the 200-Day Moving Average (DMA) of the stock stood at Rs 197.31 on October 05, while the 50-DMA was at Rs 189.82. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered as bearish trend and if trades between these averages, then it suggests the stock can go either way.