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Stock of the day: ZEE Entertainment Enterprise ltd.

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Disclaimer : The information provided is for educational purposes only and does not constitute financial advice.

Shares of Zee Entertainment Enterprises Ltd surged 10.4%, climbing to ₹146.80 on the BSE, marking a 10-month high, after the company revealed plans to eliminate Zee5’s ₹548 crore EBITDA loss by FY26. Concurrently, promoters approved a ₹2,237 crore fundraise via fully convertible warrants - an injection aimed at strengthening the core business and digital expansion.

The stock’s rally follows strong Q4 results: consolidated net profit rose 1,305% to ₹188 crore, and a dividend of ₹2.43 per share was announced . Cost control measures have sharpened margins, with recent Q3 core margins reaching 16.1%, targeting 18–20% by FY26.

According to Moneycontrol, the stock’s valuation metrics remain reasonable - trading at a TTM PE of ~20.6 and P/B of ~1.25 - with a market cap around ₹14 k cr. Still, investors are taking profits; shares dipped ~1.6% in early trade the next day

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