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ZEEL
Why ZEE Entertainment Shares Are In Focus Today?
ZEEL shares were trading 0.09% higher at ₹153.50 on Tuesday morning shortly after the market opened for trading.
Sony Withdraws Merger Application, Officially Scrapping $10 Billion Media Giant Plan
Unexpected Turn: Zee And Sony Rekindle $10-Bn Merger Talks
Why ZEE Entertainment Shares Are In Focus Today?
Sony Withdraws Merger Application, Officially Scrapping $10 Billion Media Giant Plan
Unexpected Turn: Zee And Sony Rekindle $10-Bn Merger Talks
Zee Entertainment's Share Price Makes 8% Recovery: Dead-Cat Bounce Or Buying On Dip?
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Zee faces several operational challenges such as a subdued advertising business, declining viewership share in key markets, competitive pricing in the subscription business and slow growth in the over-the-top (OTT) sector.
If You Invested ₹10,000 In Zee When The Sony Merger Was Announced, Here's How Much You'd Have Today
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Zee's share hit rock bottom on Tuesday going down close to 30% to hit a new 52-week low of ₹162. The massive slump today comes as the much-anticipated merger with Sony was cancelled. On top of that, Sony is said to be demanding over ₹700 crore from Zee as a termination fee.
