Zee ent share price: Zee Ent. shares drop 1.19% as Sensex rises

Shares of Zee Entertainment Enterprises Ltd. traded 1.19 per cent down at Rs 186.85 at 02:05PM (IST) on Thursday, even as BSE benchmark Sensex gained 20.74 points to 49754.58. The scrip had settled at Rs 189.1 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 261.0 and Rs 134.75, respectively.

As per BSE data, total traded volume on the counter till 02:05PM (IST) stood at 02:05PM shares with turnover at Rs 3.62 crore.

At the prevailing price, the stock trades at -74.24 times its trailing 12-month earnings per share of Rs -2.52 per share and 1.27 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.98.

Shareholding Details

Promoters held 3.99 per cent stake in the company as of 31-Mar-2021, while FIIs owned 64.15 per cent and DIIs 12.4 per cent.