Zee leaves brokerages bearish with falling ad revenue, failed merger, likely market share loss
Zees net profit for the quarter ended December 2023 saw a 52 percent drop in profits on a sequential basis
Source: moneycontrol.com
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ZEE shares crash further, down 30% as brokers cut target prices on Sony development
Against a closing value of Rs 231.75 on Friday, ZEE shares fell 29.98 per cent to hit a low of Rs 162.25 on BSE. This was the fresh 52-week low level for the stock, which hit a 52-week high of Rs 299.50 last month on December 12.
Source: businesstoday.in
Zee shares crack 13% today; Emkay says 'significant downside' ahead if Sony calls off merger
Zee stock dived 12.67 per cent to hit a day low of Rs 242.30 against its previous close of Rs 277.45. Brokerage Emkay Global said Zee shares could see a significant downside in case the proposed ZEE-Sony merger is called off.
Source: businesstoday.in
ZEE shares fall 3% after media firm seeks extension to complete Sony merger
Zee has asked Bangla Entertainment Private Limited (BEPL) and Sony Pictures Networks India, now known as Culver Max Entertainment Private Limited, to extend the date required to make the merger scheme effective
Karan Taurani Culver Max Entertainment Private National Stock Exchange Zee Entertainment Enterprises Sony Pictures Networks India Private Bangla Entertainment Private Limited
Source: moneycontrol.com
ZEEL shares drop post Q2 results; here are revised stock price targets
ZEEL: Nuvama Institutional Equities said ZEE's other sales and services soared 201 per cent YoY led by higher syndication and strong theatrical performance of movies (‘Gadar 2’).
Prabhudas Lilladher Motilal Oswal Eicher Motors Entertainment Enterprises Ltd Exide Industries Enterprises Ltd
Source: businesstoday.in
Zee-Sony merger: NCLAT sets aside NCLT order to NSE, BSE to reassess deal
Earlier, the NCLT had directed NSE and BSE to reconsider their prior approvals for the merger of ZEEL and Culver Max Entertainment (earlier known as Sony Pictures Networks India).
Axis Bank Ltd Competition Commission Of India Jc Flowers Co National Company Law Appellate Tribunal Zee Entertainment Enterprise Ltd National Company Law Tribunal
Source: businesstoday.in
ZEE shares rally 8% as NCLAT sets aside NCLT order. Here are stock price targets
ZEE merger: NCLT had directed bourses NSE and BSE to reconsider prior nod for ZEE's merger with Culver Max Entertainment (earlier known as Sony Pictures Networks India). ZEE had challenged the NCLT's order
Prabhudas Lilladher National Company Law Appellate Tribunal National Company Law Tribunal Essel Group Shirpur Gold Refinery Entertainment Enterprises Sony Pictures Networks India
Source: businesstoday.in
'Stock bounced back': Why Invesco has not made a complete exit from Zee
Why has the fund not chosen to sell out completely; the Zee-Sony merger might be the reason to see if the stock price can look up
Vivek Menon Zee Entertainment Enterprises Limited Chandra Essel Group Managing Partner Business Today Subhash Chandra Promoted Zee
Source: businesstoday.in