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  1. May 7, 2024 · Feedback. ZEE shares down 56% from Dec 2023 high; should you buy the stock? Here's target price. ZEE is trading at its lowest valuation since the last 10 years, which is a clear sign of the...

    • Prabhudas Lilladher
    • Motilal Oswal Financial Services
    • Emkay Global
    • Axis Capital

    Prabhudas Lilladher cut its EPS estimates by around 21% over FY24E/FY25E as it believes widening losses in ZEE5, entry into sports and sluggish recovery in ad-environment is likely to dent profitability in near term. “In light of the ongoing challenges, we cut our target multiple to 19x (earlier 21x) and roll-forward our valuation to FY25E as NCLT ...

    The brokerage house has cut its FY24 earnings estimate by 16% led by continued investments in both digital and linear content and a weak revenue outlook in near future. It, however, maintained its FY25E earnings. The merged entity with a revenue potential of around ₹16,000 crore and EBITDA margin of 18% is trading at 6.5x EV/EBITDA on FY23 basis. B...

    Emkay Global believes Zee’s Q4FY23 results reflect continuous muted ad trends across the industry. Ad revenue declined by 10.2% YoY, while roadblocks surrounding NTO3.0 implementation prevented any uptick in subscription revenue as well. Higher content investments in ILT20, movies and Zee5 resulted in margins slumping to a multi-year low. “While FM...

    Axis Capital cut FY24-25 EBITDA estimates by around 11% to factor in the elevated content costs and slower ad growth recovery. However, the brokerage upgraded the stock to Buy from Add but cut the TP to ₹220 per share from ₹235 earlier. NCLT approval for the ZEEL-Sony merger remains the key trigger; the management highlighted that all the disputes ...

    • Ankit Gohel
  2. May 7, 2024 · Shares of ZEE Entertainment Enterprises Ltd (ZEE) have fallen 56 per cent from December 2023 high of Rs 299.50 apiece, hitting retail investors hard, thanks to the media company's merger breakoff with Sony earlier this year.

  3. View Past Performance. Discover Zee Entertainment Enterprises' earnings and revenue growth rates, forecasts, and the latest analyst predictions while comparing them to its industry peers.

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  5. Feb 27, 2023 · Updated: Monday, February 27, 2023, 6:10 [IST] Last week the stock of Zee dived to a new 52-week low of Rs 176.60 on the BSE. We have not seen these levels in the Zee stock, not at least...

  6. Dec 23, 2021 · What should investors do with Zee Entertainment shares post the merger? Here's what brokerages say: By CNBCTV18.com December 23, 2021, 10:49:50 AM IST (Updated)

  7. Aug 9, 2021 · Should you buy, sell or hold ZEE after Q1 results? Here's what brokerages say ZEE management told CNBC-TV18 that the slower ad revenue recovery impacted margins during Q1 and going ahead the margin will be lower than earlier guidance provided after Q4.