Home Entertainment Hold Zee Entertainment Enterprises, target price Rs 200: ICICI Securities

Hold Zee Entertainment Enterprises, target price Rs 200: ICICI Securities

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Hold Zee Entertainment Enterprises, target price Rs 200:  ICICI Securities

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ICICI Securities has hold call on Enterprises Ltd. with a target price of Rs 200. The current market price of Zee Entertainment Enterprises Ltd. is Rs 178.35.

Time period given by analyst is one year when Zee Entertainment Enterprises Ltd. price can reach defined target.

Zee Entertainment Enterprises Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 17097.18 Crore) operating in Media & Entertainment sector.


Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 1808.56 Crore, down -8.86 % from last quarter Total Income of Rs 1984.39 Crore and up 35.13 % from last year same quarter Total Income of Rs 1338.41 Crore. Company reported net profit after tax of Rs 208.77 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 4 per cent stake in the company as of March 31, 2021, while FIIs held 64.2 per cent, DIIs 12.6 per cent and public and others 19.3 per cent.

(Disclaimer: Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.

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