Zee Entertainment Enterprises Ltd. stock price down 0.41 per cent as Sensex slides

Shares of Enterprises Ltd. fell 0.41 per cent to Rs 216.05 at 02:02PM hours (IST) on Monday. Earlier in the day, the stock saw a gap down start to the session.

As per data available on BSE, total traded quantity on the counter stood at 542,265 shares with a turnover of Rs 11.68 crore till 02:02PM (IST). The stock traded at a price-to-earnings (P/E) multiple of -85.61, while the price-to-book value ratio stood at 1.27.

Return on equity (ROE) was at 5.63 per cent, according to exchange data. The stock hit an intraday high of Rs 217.2 and a low of Rs 213.1 during the session and quoted a 52-week high price of Rs 261.0 and a 52-week low of Rs 114.0.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 0.98.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 197.11 on March 22, while the 50-DMA was at Rs 219.01. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 50.58. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Dec-2020, promoters held 0.25 per cent stake in the company, while foreign institutional investors held 65.76 per cent and domestic institutional investors had 3.93 per cent.


Please enter your comment!
Please enter your name here