The certificate had closed at Rs 274.25 in the previous session. The stock traded a 52-week low of Rs 166.8 and a high of Rs 378.6. The company quoted a market capitalization of Rs 26,630.3 crore on BSE.
On BSE, 380,035 shares have changed hands on the counter so far. At its prevailing price, the share traded at 25.16 times its 12-month EPS of 11.02 rupees per share and 1.93 times its book value. The return on equity (ROE) stood at Rs 7.92.
Key financial data
For the quarter ended December 31, 2021, Zee Entertainment Enterprises Ltd. reported consolidated sales of Rs 2,130.44 crore, up 22.72% from the same quarter a year ago. The company announced a 25.3% year-on-year decline in net profit to Rs 298.73 crore for the last quarter.
The relative strength index (RSI) for the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered an overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say that the RSI indicator should not be considered in isolation, as it may not be sufficient to take a trade call, just as a fundamental analyst cannot give a “buy” or “sell” recommendation in using a single valuation ratio.