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Other brokerages were also enthused by improvement in disclosures.
Synopsis
CLSA and Edelweiss have maintained a ‘buy’ rating, IDFC Securities has maintained ‘outperformer’, and Macquarie has retained the ‘outperform’ rating.
Mumbai: Most brokerages remain bullish on broadcaster Zee Entertainment Enterprises after it posted a consolidated net profit of Rs 29.28 crore, down 94.5 per cent from a year ago.CLSA and Edelweiss have maintained a ‘buy’ rating, IDFC Securities has maintained ‘outperformer’, and Macquarie has retained the ‘outperform’ rating.IIFL has upgraded to ‘buy’ as it expects a strong re-rating in the stock. Emkay Global said it is upgrading the stock to
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