Zee Ent. stock price down 1.09 per cent as Sensex climbs

As per data available on BSE, total traded quantity on the counter stood at 486,373 shares with a turnover of Rs 14.02 crore till 01:24PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 23.7, while the price-to-book value ratio stood at 1.93.

Return on equity (ROE) was at 7.92 per cent, according to exchange data. The stock hit an intraday high of Rs 294.55 and a low of Rs 284.95 during the session and quoted a 52-week high price of Rs 378.6 and a 52-week low of Rs 166.8.

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 255.7 on February 01, while the 50-DMA was at Rs 328.24. 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 37.51. 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-2021, promoters held 3.99 per cent stake in the company, while foreign institutional investors held 52.21 per cent and domestic institutional investors had 20.86 per cent.