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Zee Entertainment Enterprises Ltd down for fifth straight session
(13:35, 20 Sep 2019)

Zee Entertainment Enterprises Ltd is down for a fifth straight session today. The stock is quoting at Rs 294.75, down 4.57% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 5.24% on the day, quoting at 11265.65. The Sensex is at 38004.47, up 5.29%.Zee Entertainment Enterprises Ltd has lost around 14.37% in last one month.Meanwhile, Nifty Media index of which Zee Entertainment Enterprises Ltd is a constituent, has eased around 1.5% in last one month and is currently quoting at 1785.65, up 1.45% on the day. The volume in the stock stood at 409.13 lakh shares today, compared to the daily average of 48.1 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 296.3, down 4.3% on the day. Zee Entertainment Enterprises Ltd tumbled 34.62% in last one year as compared to a 1.1% rally in NIFTY and a 29.81% fall in the Nifty Media index.

The PE of the stock is 16.36 based on TTM earnings ending June 19.

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