Zee Entertainment stands as India's largest vertically integrated media and entertainment company, boasting a diverse portfolio of brands such as ZEE TV, Zee Cinema, Zee Music, Zee Smile, Zee Action, Ten Sports, Zee Sports, and numerous other channels across multiple languages. Additionally, the company extends its presence into various sectors, including Kidzee, ZIMA, and ZED. ZEE has established a global footprint, with operations reaching London, the Middle East, North Africa, and several other countries.
Despite its prominent position, the stock performance of ZEEL Entertainment on the NSE has been disappointing over the past few years, marked by a consistent decline in share prices. In recent developments, there have been reports addressing ZEEL's potential merger with Sony Entertainment. However, ZEE NSE has clarified that no merger agreement has been finalized, though talks with Sony Corp are said to be ongoing, aiming to revive a purported $10 billion merger.
The latest news on ZEEL reveals a setback in its share prices, triggered by the Securities and Exchange Board of India (SEBI) detecting a discrepancy of Rs 2,000 crore in the company's accounts, equivalent to Rs 1,241 million. This revelation led to a significant drop in the company's share price by Rs 10.00 on the same day. The ZEEL Share Price Target has subsequently locked at Rs 10.00 following SEBI's disclosure of irregularities in the company's financial statements. This development adds a layer of uncertainty to the outlook for ZEEL Entertainment in the stock market.
Month (2024)Maximum TargetMinimumTarget JanuaryRs – Rs – FebruaryRs 209Rs 145MarchRs 219Rs 147AprilRs 211Rs 158MayRs 221Rs 156JuneRs 221Rs 147JulyRs 230Rs 167AugustRs 234Rs 176SeptemberRs 230Rs 160OctoberRs 220Rs 166NovemberRs 210Rs 170DecemberRs 209Rs 171
(This ZEEL Share Price predictions is based upon our understanding seeing the history of the above stock, an expert advice is critical before making any investment-related commitment)
Month (2025)Maximum TargetMinimumTarget JanuaryRs 211Rs 169FebruaryRs 220Rs 159MarchRs 223Rs 158AprilRs 232Rs 169MayRs 232Rs 168JuneRs 245Rs 173JulyRs 232Rs 177AugustRs 255Rs 180SeptemberRs 260Rs 185OctoberRs 276Rs 188NovemberRs 256Rs 190DecemberRs 278Rs 191
(This ZEEL Share Price predictions is based upon our understanding seeing the history of the above stock, an expert advice is critical before making any investment-related commitment
Year Maximum TargetMinimum Target2026Rs 289Rs 2162027Rs 324Rs 2402028Rs 379Rs 2752029Rs 412Rs 3042030Rs 450Rs 317
(This ZEEL Share Price predictions is based upon our understanding seeing the history of the above stock, an expert advice is critical before making any investment-related commitment
ZEEL Financials (2023)
Revenue80.88 Billion INR
- -78.05% YOYEBITDA9.66 Billion
- -43.41% YOYEffective Tax Rate46.29% Total Assets137.28 Billion INR
- 3.69% YOYTotal Liabilities30.04 Billion INR
- 26.51% YOYTotal Equity107.24 Billion INR Return on assets3.91% Return on Capital4.80% P/E Ratio Dividend Yield
ZEE Entertainment Enterprises Limited Shareholding Pattern
- Promoters: 3.89%
- FII: 28.19%
- DII: 10.67%
- Mutual Funds: 32.49%
- Retail & Others: 24.66%
ZEEL Competitors (Market Cap: 15,810.15 crores INR)
- Sun TV Network Market Cap: 24,058.87 crores INR)
- Network 18 Market Cap: 12,055.61 crores INR)
- TV 18 Broadcast Market Cap: 10,851.90 crores INR)
- NDTV Cap: 1,713.32crores INR
- Ent Net India Market Cap: 1,593.62 crores INR)
- TV Today Network Market Cap: 1,506.33 crores INR
- ZEE Media Market Cap: 919.38 crores INR
Considerations Before Investing in ZEEL NSE Stock
- Promoter Shareholding: Typically, companies with promoters holding over 50% shareholding are deemed stable. However, ZEE Entertainment's promoters only hold a minimal 3.89% share, signaling a potential risk.
- Fundamental Performance: ZEEL NSE has exhibited negative returns in recent years, reflecting unfavorable fundamentals. Despite this, the company is making strides to become debt-free, offering a glimmer of hope for investors. Experts might reassess their opinions if this debt reduction trend continues.
- Financial Situation: ZEE Entertainment's 2023 financials indicate a precarious situation, with a 95.04% decline in Net Income and a 43.41% decrease in EBITDA compared to the previous year. The company's 2023 revenue has also shrunk by 1.19%.
Conclusion
Despite a 63% depreciation in ZEEL Share Price Target over the last five years on the NSE, recent trends show a positive trajectory in the last month (January 23, 2024, to January 31, 2024).
ZEE Entertainment's performance has been disappointing for investors since its peak at Rs 600 per share on January 19, 2018. The stock has experienced significant volatility, fluctuating from Rs 600 to Rs 152 over the past six years.
Over the last 12 months, the stock has depreciated by 19%, and in the last 6 months, it has decreased by 39%. However, there was a 6% gain in the past month.
In summary, potential investors are strongly advised to conduct thorough research and review all relevant information before considering any investment in ZEEL NSE stock. India Property Dekho emphasizes the importance of careful evaluation due to the stock's fluctuating history and recent financial challenges.
