INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Zee Entertainment Enterprises Ltd
with a target price of Rs 428
The current market price of Zee Entertainment Enterprises Ltd
Time period given by the analyst is Intra Day when Zee Entertainment Enterprises Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 410
Zee Entertainment Enterprises Ltd., incorporated in 1982, is a largecap company with a market cap of Rs 39849.76 crore.
Zee Entertainment
key Products/Revenue Segments include Income From Advertisement which contributed Rs 3864.00 Crore to Sales Value (66.67 % of Total Sales),
Subscription Income which contributed Rs 1541.00 Crore to Sales Value (26.58 % of Total Sales), Television Content which contributed Rs
261.20 Crore to Sales Value (4.50 % of Total Sales), Commission which contributed Rs 80.40 Crore to Sales Value (1.38 % of Total Sales),
Transmission Revenue which contributed Rs 42.00 Crore to Sales Value (0.72 % of Total Sales) and Other Operating Revenue which contributed
Rs 7.00 Crore to Sales Value (0.12 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 2166.77 Crore, up 9.66 % from last quarter Sales of
Rs 1975.86 Crore and up 17.88 % from last year same quarter Sales of Rs 1838.07 Crore Company has reported net profit after tax of Rs 562.52
The company’s top management includes Dr.Subhash Chandra, Mr.Adesh Kumar Gupta, Mr.Ashok Kurien, Mr.Manish Chokhani, Mr.Punit Goenka,
Mr.Subodh Kumar, Prof.Neharika Vohra, Prof.Sunil Sharma
Company has Deloitte Haskins Sells LLP as its auditoRs As on 31-12-2018, the company has a total of 960,466,500 shares outstanding.
