/Buy Zee Entertainment Enterprises Ltd. target Rs 548: Chartviewindia.in

Buy Zee Entertainment Enterprises Ltd. target Rs 548: Chartviewindia.in

Chartviewindia.in has a buy call on Zee Entertainment Enterprises Ltd. with a target price of Rs 548. The current market price of Zee Entertainment Enterprises Ltd. is 519. Time period given by analyst is NA when Zee Entertainment Enterprises Ltd. price can reach defined target. Chartviewindia.in recommended to keep stoploss at Rs 500.

Zee Entertainment Enterprises Ltd., incorporated in the year 1982, is a largecap company with a market cap of ₹ 49943.33 crore, operating in Service sector.

Zee Entertainment Enterprises Ltd. key Products/Revenue Segments include Income From Advertisement which contributed Rs 2883.10 Cr to Sales Value (68.53 per cent of Total Sales), Subscription Income which contributed Rs 1077.10 Cr to Sales Value (25.60 per cent of Total Sales), Television Content which contributed Rs 196.70 Cr to Sales Value (4.67 per cent of Total Sales), Transmission Revenue which contributed Rs 29.20 Cr to Sales Value (0.69 per cent of Total Sales), Commission which contributed Rs 15.50 Cr to Sales Value (0.36 per cent of Total Sales) and Other Operating Revenue which contributed Rs 4.90 Cr to Sales Value (0.11 per cent of Total Sales)for the year ending 31-Mar-2016.
For the quarter ended 31-03-2017, the company has reported a Consolidated sales of ₹ 1527.95 Cr., down -6.78 from last quarter Sales of ₹ 1639.12 Cr. and up .40 from last year same quarter Sales of ₹ 1521.84 Cr. Company has reported net profit after tax of ₹ 1503.90 Cr. 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.Subodh Kumar, Prof.Neharika Vohra, Prof.Sunil Sharma. Company has MGB & Co. LLP as its auditors. As on 31-03-2017, the company has a total of 960,448,720 shares outstanding.

Disclaimer: This recommendation is analyst’s own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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