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Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services Strong subscription revenue, merger approved Zee Entertainment Enterprises Ltd. (ZEEL), a subsidiary of Essel Group, is an Indian mass media company with interests in television, print, films, mobile content and internet, and allied businesses. • Revenue from operations in Q1FY24 grew 7.6% YoY to Rs. 1,984cr, driven by subscription revenue, and other sales and service revenue. • EBITDA fell 42.3% YoY to Rs. 155cr, while margin narrowed 680bps YoY to 7.8% due to a rise in overall ...
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services
Source: Geojit Financial Services
22/08/2023 3:28:42 PM
Zee Entertainment posts Rs 14.15 crore net loss for Q1  In a not so entertaining news to its shareholders, Zee Entertainment Enterprises Ltd (ZEEL) Wednesday said it closed the first quarter of FY24 with a net loss of Rs 14.15 crore. In a regulatory filing, the ZEEL said during the first quarter of FY24, it had registered a operational revenue of Rs 1,832.35 crore (against Q1FY23's Rs 1,663.24 crore) and a net loss of Rs 14.15 crore (net profit Rs 248.87 crore). During the quarter under review, the company’s expenses went up ...
Zee Entertainment posts Rs 14.15 crore net loss for Q1
Zee Entertainment posts Rs 14.15 crore net loss for Q1
Source: IANS
10/08/2023 9:14:48 AM
India's Zee Entertainment forms interim committee to run operations Zee Entertainment Enterprises on Monday said it formed an interim committee to run operations after ex-chairman Subhash Chandra and CEO Punit Goenka failed to overturn the market regulator's ban on them holding board positions. The interim committee will be under the supervision of Zee's board, a company spokesperson said. The Securities and Exchange Board of India in June banned Chandra and Goenka from holding board positions in publicly listed companies for a year, alleging th...
India's Zee Entertainment forms interim committee to run operations
India's Zee Entertainment forms interim committee to run operations
Source: Reuters
17/07/2023 4:26:40 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial Sony should not walk away from the merger Sony-Zee merger is critical for ZEEL. But it is no less for Sony. With c.7% TV viewership – the least among major broadcasters – Sony’s market positioning is hardly envious. What makes it precarious is India’s shifting media landscape. Pay-TV households (HHs) appear to have peaked. TV viewership is trending down as digital consumption chips away at TV time. Urban HHs, Sony’s core TG, are taking to OTT/CTV in droves. So...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Source: JM Financial Institutional Securities Ltd
28/06/2023 2:44:30 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial ZEEL had multiple (known) headwinds getting into 4Q – a weak ad-growth environment, partial blackout of channels and a tough comp (absence of FTA channel + strong theatrical revenue in the base). In that context, revenue growth, albeit weak (-9%), beat our subdued expectations (4% above JMFe). ZEEL’s sustained investment in content, while a drag on nearterm profitability, should stand them in good stead once the demand turns, as has been the case in previous cycles. Healthy OTT gr...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Source: JM Financial Institutional Securities Ltd
16/06/2023 1:24:57 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd Sluggish earnings continue; merger timeline is the key * Zee Entertainment (Z)’s consolidated EBITDA/Adj. PAT declined 70%/77% YoY (36% miss) in 4QFY23 led by continued weakness in ad revenue (-10% YoY), 7-8% impact of FTA withdrawal and high investments in content. Z reported INR900m exceptional loss, which further led to an adj. PAT of INR669m, down 77% YoY during the quarter. * We have cut our FY24 earnings estimate by 16% due to a slower recovery in the ad market and continued...
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
29/05/2023 3:58:59 PM
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4 Zee Entertainment Enterprises is currently trading at Rs. 189.20, up by 10.45 points or 5.85% from its previous closing of Rs. 178.75 on the BSE. The scrip opened at Rs. 175.80 and has touched a high and low of Rs. 192.80 and Rs. 175.80 respectively. So far 1843517 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 286.90 on 06-Oct-2022 and a 52 week low of Rs. 176.60 on 27-Feb-2023. Last one week high and low of t...
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4
Source: Accord Fintech
26/05/2023 2:59:51 PM
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs  India's Zee Entertainment Enterprises on Thursday reported its first quarterly loss in three years, as advertisers tightened their marketing budgets and expenses shot up. Zee posted a consolidated net loss of 1.96 billion rupees ($23.7 million) for the fourth quarter ended March 31, against a profit of 1.82 billion rupees a year ago, a regulatory filing showed. The company's total income fell 9.9% to 21.26 billion rupees, while expenses jumped nearly 10%. Indian broadca...
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs
Source: Reuters
26/05/2023 9:10:14 AM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 320 - JM Financial ZEEL’s investors are a worried lot. Just as the merger with Sony is nearing, a slew of insolvency petitions (Exhibit 1) has thrown a spanner in the works. Legal outcome (or settlement) of these cases is anybody’s guess. But even a worst case scenario (call it Murphy’s Law test) would merely delay (and not derail) the merger, in our view. In an unlikely scenario of ZEEL having to pay the entire amount claimed in various NCLT petitions (INR 5.5bn), the impact on balance sheet ...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 320 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 320 - JM Financial
Source: JM Financial
29/03/2023 12:49:46 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.265- Motilal Oswal Weak ad revenue and higher content costs drag down profitability ? Consolidated EBITDA/Adj PAT declined by 29.5%/41% YoY (12%/22% miss), due to continued weakness in ad revenue (-15.6% YoY), a 4-5% impact of the FTA withdrawal and high content investments. Zee posted a high exceptional loss of INR1.7b, which led to a 92% YoY fall in PAT to INR243m. ? We lower our FY24 PAT estimate by 11% due to a slower recovery in the ad market and continued investments. But we firmly believe the merge...
Buy Zee Entertainment Enterprises Ltd For Target Rs.265- Motilal Oswal
Buy Zee Entertainment Enterprises Ltd For Target Rs.265- Motilal Oswal
Source: Motilal Oswal
25/03/2023 12:35:32 PM
Zee Entertainment zooms as NSE to include company back into futures and options segment Zee Entertainment Enterprises is currently trading at Rs. 194.30, up by 11.30 points or 6.17% from its previous closing of Rs. 183.00 on the BSE. The scrip opened at Rs. 190.00 and has touched a high and low of Rs. 197.75 and Rs. 188.40 respectively. So far 697407 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 308.65 on 04-Apr-2022 and a 52 week low of Rs. 176.60 on 27-Feb-2023. Last one week high and low of th...
Zee Entertainment zooms as NSE to include company back into futures and options segment
Zee Entertainment zooms as NSE to include company back into futures and options segment
Source: Accord Fintech
28/02/2023 3:37:53 PM
Hold Zee Entertainment Enterprises Ltd For Target Rs. 265 - ICICI Direct Slow ad revenue growth recovery Zee Entertainment Enterprises’ (ZEEL) Q2FY23 print was disappointing yet again on subdued ad revenue growth despite early festive season and rise in viewership share. Also, cost of inflation was higher with rise in content and A&P cost which is keeping EBITDA depressed. ZEE5 EBITDA loss jump Rs1bn YoY to Rs2.8bn is also keeping EBITDA under-pressure. Ad revenue recovery is expected to be more gradual, NTO 2.0 implementation has been pushed to Feb&r...
Hold Zee Entertainment Enterprises Ltd For Target Rs. 265 - ICICI Direct
Hold Zee Entertainment Enterprises Ltd For Target Rs. 265 - ICICI Direct
Source: ICICI Direct Ltd
30/12/2022 2:01:27 PM
Hold Zee Entertainment Enterprises Ltd For Target Rs.265 - ICICI Securities Slow ad revenue growth recover Zee Entertainment Enterprises’ (ZEEL) Q2FY23 print was disappointing yet again on subdued ad revenue growth despite early festive season and rise in viewership share. Also, cost of inflation was higher with rise in content and A&P cost which is keeping EBITDA depressed. ZEE5 EBITDA loss jump Rs1bn YoY to Rs2.8bn is also keeping EBITDA under-pressure. Ad revenue recovery is expected to be more gradual, NTO 2.0 implementation has been pushed to Feb&rs...
Hold Zee Entertainment Enterprises Ltd For Target Rs.265 - ICICI Securities
Hold Zee Entertainment Enterprises Ltd For Target Rs.265 - ICICI Securities
Source: ICICI Direct Ltd
25/11/2022 11:52:25 AM
Competition Commission gives conditional approval to Sony-Zee merger The Competition Commission of India (CCI) on Tuesday gave its approval to the significant merger deal between two major media houses, Sony and Zee Enterprises Ltd. The CCI's approval for the deal was given with certain modifications. The mega deal had been announced in September 2021. The CCI approved the proposed combination subject to the carrying out of modifications proposed by the parties, under Regulation 25(1) of the Competition Commission of India (Procedure in regard to ...
Competition Commission gives conditional approval to Sony-Zee merger
Competition Commission gives conditional approval to Sony-Zee merger
Source: IANS
5/10/2022 10:22:25 AM
Key Stock News: Maruti Suzuki, JSW Cement, fintech, Nykaa, Zee Entertainment, Zydus Lifesciences - ARETE Securities Maruti Suzuki India vehicle production rises two-fold to 177k units in Sep Maruti Suzuki India on Monday reported an over two-fold rise in its vehicle production at 1,77,468 units in September 2022. The company had produced a total of 81,278 units in the same month last year. "The shortage of electronic components had a minor impact on the production of vehicles during the month," Maruti Suzuki India said in a regulatory filing. JSW Cement secures Rs 400 cr as sustainability-l...
Key Stock News: Maruti Suzuki, JSW Cement, fintech, Nykaa, Zee Entertainment, Zydus Lifesciences - ARETE Securities
Key Stock News: Maruti Suzuki, JSW Cement, fintech, Nykaa, Zee Entertainment, Zydus Lifesciences - ARETE Securities
Source: ARETE Securities Ltd
4/10/2022 9:34:38 AM
Private satellite TV industry completes 30 glorious years in India The private satellite television industry, the catalyst of Indian media and entertainment (M&E) industry's phenomenal growth over the years, is celebrating 30 glorious years of value creation across the nation. The sector, which was sparked by the launch of India's first private satellite television company, Zee Entertainment Enterprises Ltd (ZEE), has contributed significantly to the nation's liberalisation journey by delivering the best of entertainment experiences for au...
Private satellite TV industry completes 30 glorious years in India
Private satellite TV industry completes 30 glorious years in India
Source: IANS
1/10/2022 10:28:28 AM
ZEE Entertainment-Culver Max merger proposal gets BSE, NSE nod  ZEE Entertainment Enterprises Ltd (ZEEL) on Friday said it has got the approval from the two Indian stock exchanges for its proposed merger with Culver Max Entertainment Private Ltd. In a statement, ZEE Entertainment said the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have given their nod for its proposed merger with Culver Max Entertainment (formerly Sony Pictures Networks India Private Ltd). The approval from the stock exchanges marks a firm and positive s...
ZEE Entertainment-Culver Max merger proposal gets BSE, NSE nod
ZEE Entertainment-Culver Max merger proposal gets BSE, NSE nod
Source: IANS
30/07/2022 10:38:12 AM
Stock Picks - Zee Entertainment Enterprises Ltd and Chemicals Ltd and Container Corporation of India Ltd By ICICI Direct Zee Entertainment Enterprises Ltd Buy Zee Entertainment Enterprises Ltd @ 235.00-236.00 CMP 234.95 Stop Loss 233.10 Target 237.70/240.30   Container Corporation of India Ltd Buy Container Corporation of India Ltd  @  680.00-682.00 CMP 681.25 Stop Loss 674.90 Target 686.40/692.00   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at ht...
Stock Picks - Zee Entertainment Enterprises Ltd and Chemicals Ltd and Container Corporation of India Ltd By ICICI Direct
Stock Picks - Zee Entertainment Enterprises Ltd and Chemicals Ltd and Container Corporation of India Ltd By ICICI Direct
Source: ICICI Direct
22/07/2022 11:00:42 AM
ZEEL trades in green on the bourses Zee Entertainment Enterprises is currently trading at Rs. 239.25, up by 0.30 points or 0.13 % from its previous closing of Rs. 238.95 on the BSE. The scrip opened at Rs. 238.95 and has touched a high and low of Rs. 241.00 and Rs. 236.50 respectively. So far 650791 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 378.60 on 15-Dec-2021 and a 52 week low of Rs. 166.80 on 23-Aug-2021. Last one week high and low of th...
ZEEL trades in green on the bourses
ZEEL trades in green on the bourses
Source: Accord Fintech
9/06/2022 2:27:24 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.310 - Emkay Global Multiple headwinds to limit near-term upside * Zee’s Q4 revenues were boosted by movie production revenues. Advertising revenues were flat yoy as the sharp rise in inflation and higher input costs impacted advertisers’ spending, but they stood broadly in line with our estimates. * Subscription revenues grew 6% yoy, driven by Zee5 and Zee Music as the pricing embargo continued to hamper subscription revenues from linear television. Zee5 saw sequential growth in DAUs, MAUs and...
Buy Zee Entertainment Enterprises Ltd For Target Rs.310 - Emkay Global
Buy Zee Entertainment Enterprises Ltd For Target Rs.310 - Emkay Global
Source: Emkay Global Financial Services Ltd
31/05/2022 11:24:49 AM
Investment Idea : Buy Zee Entertainment Enterprises Ltd For Target Rs.410 - Motilal Oswal Weak performance due to sluggish ad recover ZEE posted a weak 3Q earnings, with a network market share loss of 40bp, leading to a 3% YoY revenue decline, 5% below our estimate (adjusted for a one-off in 2QFY22). Adjusted EBITDA/PAT declined by 24%/32% YoY. ZEE5 has seen a healthy improvement in usage and revenue, though at a low base. We have marginally (3-4%) revised down our FY23E/FY24E EBITDA and PAT estimate, factoring in 23% PAT CAGR over FY22-24E. We see the risk of a further down...
Investment Idea : Buy Zee Entertainment Enterprises Ltd For Target Rs.410 - Motilal Oswal
Investment Idea : Buy Zee Entertainment Enterprises Ltd For Target Rs.410 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
25/03/2022 11:04:32 AM
Zee Ent shares up 17% as Invesco withdraws demand for Board overhaul Shares of media and entertainment company Zee Entertainment Enterprises surged around 17 per cent on Thursday after its largest shareholder Invesco dropped the demand for an overhaul of the company's Board. The shares of the company settled 16.9 per cent higher, at Rs 299.3. On Wednesday, Invesco Developing Markets Fund reportedly said that it had decided not to pursue an extraordinary general meeting to add six independent directors as Zee's merger with Sony would achieve its a...
Zee Ent shares up 17% as Invesco withdraws demand for Board overhaul
Zee Ent shares up 17% as Invesco withdraws demand for Board overhaul
Source: IANS
25/03/2022 9:00:41 AM
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.325 - Geojit Financial Strong pipeline. Positive outlook Zee Entertainment Enterprises Ltd is an Indian mass media company with interests in television, print, films, mobile content and internet, and allied businesses. * Zee Entertainment’s consolidated revenue for the Q3FY22 declined 22.6% YoY to Rs. 2,113cr however on quarter-on-quarter basis it increased by 6.8%. * EBITDA for the quarter declined by 33.0% YoY to Rs. 479cr contracting the margins by 353bps to 22.7% * In the short term there is r...
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.325 - Geojit Financial
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.325 - Geojit Financial
Source: Geojit Financial Services Ltd
8/02/2022 10:41:30 AM
Neutra Zee Entertainment Ltd For Target Rs 335 - Motilal Oswal Gradual recovery in market share, ad spends * Zee Entertainment (Z)’s EBITDA / adj. PAT jumped 31%/70% YoY (6%/7% miss) on a lower base, as ad revenues were up 21% YoY, (11% below preCOVID – 2QFY20), given the impact of COVID in the first half of the quarter. * We largely maintain our estimates, factoring in FY23E EBITDA/PAT at 10%/17% above FY20 levels, after two consecutive quarters of cuts in estimates and margin guidance. Gradual improvement in network market share ...
Neutra Zee Entertainment Ltd For Target Rs 335 - Motilal Oswal
Neutra Zee Entertainment Ltd For Target Rs 335 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
27/12/2021 2:58:47 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.360 - ICICI Securities Mixed performance Zee Entertainment Enterprises’ (ZEEL) Q2FY22 print was a mixed bag with an impressive performance in ZEE5 (OTT) business, while the linear TV performance was underwhelming compared to peer. Linear TV performance is anticipated to improve from refreshed shows across GEC languages, but in the near term, this would put pressure on margins. ZEE5’s performance consistency is yet to be tested, but ZEEL remains confident of continued improvement on the back of conten...
Buy Zee Entertainment Enterprises Ltd For Target Rs.360 - ICICI Securities
Buy Zee Entertainment Enterprises Ltd For Target Rs.360 - ICICI Securities
Source: ICICI Securities Ltd
24/12/2021 8:46:53 AM
Sony Pictures arm signs deal to merge Co with Zee Entertainment; new firm to be listed in India Sony Pictures Networks India and Zee Entertainment Enterprises on Wednesday announced that they have signed a "definitive agreement" to merge ZEEL with SPNI and combine their linear networks, digital assets, production operations and programme libraries. SPNI is an indirect subsidiary of Sony Pictures Entertainment. After the closing of the deal, the new company will be publicly listed in India. The closing of the transaction is subject to certain customary closing conditio...
Sony Pictures arm signs deal to merge Co with Zee Entertainment; new firm to be listed in India
Sony Pictures arm signs deal to merge Co with Zee Entertainment; new firm to be listed in India
Source: IANS
22/12/2021 10:54:32 AM
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.389 - Geojit Financial Services Strong quarter. Positive outlook. Zee Entertainment Enterprises Ltd, a subsidiary of Essel Group, is an Indian mass media company with interests in television, print, films, mobile content and internet, and allied businesses. * Q2FY22 revenue rose 14.9% YoY to Rs. 1,979cr. Zee Entertainment Enterprises Limited reported 48.6% YoY increase in PAT in Q2FY22 to reach Rs. 284cr. * EBITDA margin expanded 150bps YoY to 19.7% on higher margin product mix and lower costs. * Zee is expected...
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.389 - Geojit Financial Services
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.389 - Geojit Financial Services
Source: Geojit Financial Services Ltd
18/11/2021 10:00:31 AM
Add Zee Entertainment Enterprises Ltd For Target Rs.374 - ICICI Securities ZEEL-Sony India agree on merger Zee Entertainment Enterprises (ZEEL) and Sony Pictures India (Sony) have entered into a non-binding agreement to merge their operations in India with post-merger stake of 47% for existing ZEEL shareholders and 53% for Sony; it would also include Sony infusing cash of US$1.575bn. ZEEL MD&CEO Punit Goenka will retain the same position in the merged entity and ZEEL will retain one Board seat in it with majority of the Board members to be nominated by Sony. ...
Add Zee Entertainment Enterprises Ltd For Target Rs.374 - ICICI Securities
Add Zee Entertainment Enterprises Ltd For Target Rs.374 - ICICI Securities
Source: ICICI Securities
21/10/2021 9:31:07 AM
Zee Entertainment surges on buzz of commencing due diligence process for merger with Sony Pictures Networks India Zee Entertainment Enterprises is currently trading at Rs. 316.55, up by 6.80 points or 2.20% from its previous closing of Rs. 309.75 on the BSE. The scrip opened at Rs. 309.50 and has touched a high and low of Rs. 325.00 and Rs. 306.65 respectively. So far 1677206 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 362.85 on 23-Sep-2021 and a 52 week low of Rs. 166.80 on 23-Aug-2021. Last one week high and low of th...
Zee Entertainment surges on buzz of commencing due diligence process for merger with Sony Pictures Networks India
Zee Entertainment surges on buzz of commencing due diligence process for merger with Sony Pictures Networks India
Source: Accord Fintech
20/10/2021 1:49:41 PM
Key News - Sugar companies, Air India, Renewable energy firm, Tata Motors Ltd, Zee Entertainment Enterprises Ltd By ARETE Securities Key News Sugar companies likely to witness 5-7% revenue growth in FY'22: Report Sugar companies' revenue is likely to grow by 5-7 per cent in 2021-22, following firm domestic and global prices and expected growth in both sugar exports and ethanol volumes, according to a report. On the back of favourable pricing environments domestically and globally as well as increased share of ethanol in revenue mix, the revenues of a sample of sugar companies are expected to grow by 5-7 per c...
Key News - Sugar companies, Air India, Renewable energy firm, Tata Motors Ltd, Zee Entertainment Enterprises Ltd By ARETE Securities
Key News - Sugar companies, Air India, Renewable energy firm, Tata Motors Ltd, Zee Entertainment Enterprises Ltd By ARETE Securities
Source: ARETE Securities Ltd
13/10/2021 9:15:02 AM
Invesco move invalid; won't let illegal takeover happen: Subhash Chandra Essel group patriarch Subhash Chandra on Wednesday came in defence of the existing management of Zee Entertainment Enterprises Limited (ZEEL) in its fight against two of the company's largest shareholders, Invesco Developing Market Funds and OFI Global China Fund, which are seeking an extraordinary general meeting (EGM) to oust the current board and place their own representatives. Terming the motive of Invesco as 'questionable', Chandra said that it is clear case of a takeover...
Invesco move invalid; won't let illegal takeover happen: Subhash Chandra
Invesco move invalid; won't let illegal takeover happen: Subhash Chandra
Source: IANS
7/10/2021 9:40:57 AM
India's Zee Entertainment rejects investor calls for EGM NEW DELHI -India's Zee Entertainment Enterprises said on Friday that its board has denied requests from its top shareholders to convene an extraordinary general meeting (EGM). "The Board has arrived at this decision by referring to various non-compliances under multiple laws... and after taking into account the interests of all the shareholders and stakeholders of the Company," Zee said in a regulatory filing, referring to guidelines set by India's capital markets regu...
India's Zee Entertainment rejects investor calls for EGM
India's Zee Entertainment rejects investor calls for EGM
Source: Reuters
1/10/2021 3:06:07 PM
Hold Zee Entertainment Enterprises Ltd For Target Rs.200 - ICICI Securities Gradual recovery in ad revenue Zee Entertainment Enterprises’ (ZEEL) Q1FY22 ad revenue rose 120% YoY on low base; subscription revenue growth slowed significantly. EBITDA beats our modest expectation, but the company sees much lower EBITDA margin in FY22 than earlier guidance of <25% (pre-covid: 30%). It is also seeing a gradual recovery in ad revenue as advertisers remain cautious, with rising input inflation worsening the situation. ZEEL is investing in TV to improve viewersh...
Hold Zee Entertainment Enterprises Ltd For Target Rs.200 - ICICI Securities
Hold Zee Entertainment Enterprises Ltd For Target Rs.200 - ICICI Securities
Source: ICICI Securities
28/09/2021 10:57:45 AM
Activism by Zee's largest shareholder may lead to management change Invescos move to sought an Extraordinary General Meeting of Zee Entertainment Enterprises to remove three directors including Punit Goenka (MD and CEO) may lead to a possible change in management. Zee's valuations have been constrained by governance concerns and structural risks. The market has ascribed negative value to ZEE5 due to a lack of confidence in the management, a report said. Invesco, the largest shareholder of Zee with a 17.9 per cent stake, has sought an Extraordinary...
Activism by Zee's largest shareholder may lead to management change
Activism by Zee's largest shareholder may lead to management change
Source: IANS
14/09/2021 12:24:44 PM
Key News - Videocon Industries Ltd, Jet Airways, Zee Entertainment Enterprises Ltd, Infosys Ltd, Tata Consultancy Services Ltd By ARETE Securities Key News Sebi penalises 2 Videocon promoter cos for violating insider trading norms Markets regulator Sebi on Monday penalised Videocon Realty and Infrastructures Ltd and Electroparts (India) Pvt Ltd for making wrong disclosures with respect to transactions in shares of Videocon Industries. The entities have violated Prohibition of Insider Trading (PIT) norms, according to two separate orders. Both the entities are promoters of Videocon Industries, as per shareholding data available wit...
Key News - Videocon Industries Ltd, Jet Airways, Zee Entertainment Enterprises Ltd, Infosys Ltd, Tata Consultancy Services Ltd By ARETE Securities
Key News - Videocon Industries Ltd, Jet Airways, Zee Entertainment Enterprises Ltd, Infosys Ltd, Tata Consultancy Services Ltd By ARETE Securities
Source: ARETE Securities Ltd
14/09/2021 9:16:51 AM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 254 - ICICI Securities FCF held forth despite content cost on lower capex Zee Entertainment Enterprises’ (ZEEL) Q4FY21 ad revenues rose 8% YoY on low base; subscription revenue growth significantly slowed, which led to a small miss in revenues and EBITDA. Exceptional loss on impairment of goodwill hurt net profit. ZEEL has set an ambitious outlook on double-digit ad revenue growth in FY22 (over FY20). It has retained FCF guidance at 50% of PAT, which is a positive surprise as it comes by cutting investm...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 254 - ICICI Securities
Buy Zee Entertainment Enterprises Ltd For Target Rs. 254 - ICICI Securities
Source: ICICI Securities Ltd
16/06/2021 12:21:23 PM
Stock Picks - GAIL Limited and Zee Entertainment Enterprises Ltd By ICICI Direct GAIL Limited  Buy GAIL Ltd @ 160.00-161.00 CMP 161.00 TGT 164.00 SL 158.80   ZEE Entertainment Buy Zee Entertainment Enterprises Ltd @ 213.00-214.00 CMP 213.75 TGT 218.00 SL 211.30     To Read Complete Report & Disclaimer Click Here   https://secure.icicidirect.com/Content/StaticData/Disclaimer.html   Views express by all particip...
Stock Picks - GAIL Limited and Zee Entertainment Enterprises Ltd By ICICI Direct
Stock Picks - GAIL Limited and Zee Entertainment Enterprises Ltd By ICICI Direct
Source: ICICI Direct
2/06/2021 10:57:55 AM
ZEE Entertainment appoints Nitin Mittal as President - Technology & Data Zee Entertainment Enterprises Ltd (ZEE) has announced the appointment of Nitin Mittal as its President - Technology & Data. Mittal will be responsible for leading the technology and data teams of the company. He will lead strategic initiatives in tech, data, Artificial Intelligence (AI) and Machine Learning (ML) across the company to support the ZEE 4.0 transformation, the company said. Mittal will also lead the engineering team and work closely with Amit Goenka, President, Digital ...
ZEE Entertainment appoints Nitin Mittal as President - Technology & Data
ZEE Entertainment appoints Nitin Mittal as President - Technology & Data
Source: IANS
2/06/2021 9:28:47 AM
Hold Zee Entertainment Ltd For Target Rs.210 - Emkay Global To focus on regaining market share with aggressive content investments * Zee reported in-line operating performance, with 8.9% yoy growth in domestic advertising revenue. LTL subscription revenue increased 5.6% yoy, while international subscription revenue recorded a decline of 31.5% yoy due to a change in accounting policy. * Total content inventory, advances and deposits increased to Rs62.7bn from Rs56.5bn in Q3FY21, as a result of fresh content investments. In Q4FY21, Zee recovered p...
Hold Zee Entertainment Ltd For Target Rs.210 - Emkay Global
Hold Zee Entertainment Ltd For Target Rs.210 - Emkay Global
Source: Emkay Global Financial Services Ltd
29/05/2021 9:24:20 AM
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.233 - Geojit Financial Decent quarter; Outlook remains positive Zee Entertainment Enterprises Ltd, a subsidiary of Essel Group, is an Indian mass media company with interests in television, print, films, mobile content and internet, and allied businesses. * Revenue inched up 0.8% YoY in Q4FY21. Growth in Ads revenue (+8.1% YoY) and subscription revenue (+8.4% YoY) was partially offset by lower other sales and services revenue (-76.9% YoY). * EBITDA rose to Rs. 541cr vs. Rs 284cr loss in Q4FY20 on lower cos...
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.233 - Geojit Financial
Mid Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.233 - Geojit Financial
Source: Geojit Financial Services Ltd
26/05/2021 9:55:07 AM
MTF Stock Pick  Buy Zee Entertainment Enterprises Ltd For Target Rs. 250 - HDFC Securities MTF Stock Pick  Buy Zee Entertainment Enterprises Ltd For Target Rs. 250- HDFC Securities  TECHNICAL OBSERVATIONS ZEEL has been consistently falling in the last few weeks after testing a high of 261 in Februay 2021. The stock has found support around the 179 levels which also roughly coincides with a previous intermediate low tested in October 2020. This implies a double bottom formation on the weekly charts. Today, the stock has broken out of the 179...
MTF Stock Pick  Buy Zee Entertainment Enterprises Ltd For Target Rs. 250 - HDFC Securities
MTF Stock Pick  Buy Zee Entertainment Enterprises Ltd For Target Rs. 250 - HDFC Securities
Source: HDFC Securities Ltd
25/05/2021 2:47:19 PM
Zee Entertainment - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking Below are Views On Zee Entertainment - 4QFY21 by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd For 4QFY21, Zee Entertainment Enterprises Ltd’s (ZEEL) consolidated top-line grew by ~0.8% yoy to Rs1,966cr on back of lower growth in other sales & services segment. However, the advertisement and subscription segment shown growth in 4QFY21. During the quarter, on the EBITDA front, the company has reported profit of Rs541cr against loss of Rs284cr in ...
Zee Entertainment - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking
Zee Entertainment - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking
Source: Angel Broking Ltd
20/05/2021 5:10:11 PM
Buy Zee Entertainment Enterprises Ltd Target Rs. 200 - Religare Broking Derivative Ideas ZEEL FUTS added around 7% in open interest as LONG buildup was seen in it. Current chart pattern also indicates further up move in its price. We suggest buying in ZEEL as per below levels. Strategy:- BUY ZEEL AT 190 SLOSS AT 185, TARGET AT 200.   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330 Above views are of the ...
Buy Zee Entertainment Enterprises Ltd Target Rs. 200 - Religare Broking
Buy Zee Entertainment Enterprises Ltd Target Rs. 200 - Religare Broking
Source: Religare Broking Ltd
14/05/2021 10:45:23 AM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 260 - Religare Broking Religare Super Idea**   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer http://ex.religareonline.com/disclaimer SEBI Registration number is INZ000174330   Above views are of the author and not of the website kindly read disclaimer
Buy Zee Entertainment Enterprises Ltd For Target Rs. 260 - Religare Broking
Buy Zee Entertainment Enterprises Ltd For Target Rs. 260 - Religare Broking
Source: Religare Broking Ltd
3/02/2021 10:21:07 AM