Shares of Zee Entertainment NSE 1.26 % Enterprises Ltd. traded 0.24 per cent up in Friday's trade at 11:07AM (IST). Around 396,040 shares changed hands on the counter.


The stock opened at Rs 191.4 and touched an intraday high and low of Rs 193.8 and Rs 190.7, respectively, in the session so far. The stock of Zee Entertainment Enterprises Ltd. quoted a 52-week high of Rs 362.5 and a 52-week low of Rs 114.0.

Total market cap of the Zee Entertainment Enterprises Ltd. stood at that time .

Key Financials
The company reported consolidated net sales of Rs 1722.7 crore for the quarter ended 30-Sep-2020, up 31.3 per cent from previous quarter's Rs 1312.03 crore and up 18.82 per cent from the year-ago quarter's Rs 2122.01 crore.

The net profit for latest quarter stood at Rs 94.07 crore, down 77.24 per cent from the corresponding quarter last year.

Shareholding pattern
As of 30-Sep-2020, DIIs held 3.73 per cent stake in the firm, while foreign institutional investors held 66.24 per cent and the promoters 0.25 per cent.

Valuation ratio
According to BSE data, the stock traded at a P/E multiple of -63.03 and a price-to-book ratio of 1.27. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Zee Entertainment Enterprises Ltd. belongs to the TV Broadcasting & Software.