ET Markets
12,248.2567.9
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy Zee Entertainment Enterprises, price target Rs 360: Mandar Jamsandekar

The analyst suggested a stoploss at Rs 268

ETMarkets.com|
Updated: Dec 06, 2019, 09.29 AM IST
0Comments
ThinkStock Photos
Buy-sale2
Mandar Jamsandekar of Precision Technicals has a buy call on Zee Entertainment Enterprises Ltd. with a target price of Rs 360. The current price of Zee Entertainment Enterprises Ltd. is Rs 298.1. Time period given by the analyst is Intra Day when Zee Entertainment Enterprises Ltd. price can reach defined target. Mandar Jamsandekar recommended to keep a stoploss at Rs 268 .

Zee Entertainment Enterprises Ltd., incorporated in 1982, has a market cap of Rs 28833.71 crore.

Zee Entertainment Enterprises Ltd. key Products/Revenue Segments include Income From Advertisement which contributed Rs 4690.20 Crore to Sales Value (68.39 % of Total Sales), Subscription Income which contributed Rs 1810.00 Crore to Sales Value (26.39 % of Total Sales), Television Content which contributed Rs 254.50 Crore to Sales Value (3.71 % of Total Sales), Commission which contributed Rs 53.60 Crore to Sales Value (0.78 % of Total Sales), Transmission Revenue which contributed Rs 43.10 Crore to Sales Value (0.62 % of Total Sales) and Other Operating Revenue which contributed Rs 6.50 Crore to Sales Value (0.09 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2122.01 Crore, up 5.67 % from last quarter Sales of Rs 2008.12 Crore and up 7.40 % from last year same quarter Sales of Rs 1975.86 Crore Company has reported net profit after tax of Rs 413.29 Crore in latest quarter.

The company’s top management includes Dr.Subhash Chandra, Mr.Adesh Kumar Gupta, Mr.Ashok Kurien, Mr.Manish Chokhani, Mr.Punit Goenka, Mr.R Gopalan, Mr.Surendra Singh, Mrs.Aparajita Jain. Company has Deloitte Haskins & Sells LLP as its auditors. As on 30-09-2019, the company has a total of 960,481,765 shares outstanding.

Also Read

Buy Tata Elxsi, price target Rs 990: Mandar Jamsandekar

Buy JSPL, target Rs 150: Mandar Jamsandekar

Buy Indigo, target price Rs 1,980: Mandar Jamsandekar

Buy Rites, target price Rs 320: Mandar Jamsandekar

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service