Zee share price locked at 10% lower circuit on report of Sebi finding ₹2,000 crore irregularity in accounts

Zee share price locked at 10% lower circuit on report of Sebi finding ₹2,000 crore irregularity in accounts

Zee shares were locked at 10% lower circuit in the opening trade on Wednesday on report that Sebi has found irregularities worth ₹2,000 crore in the accounts of the company. In a setback for Zee Entertainment Enterprises Ltd (ZEEL), capital market regulator Securities and Exchange Board of India (SEBI) has unearthed a financial discrepancy exceeding … Read more

Zee Entertainment shares rebounded 7% today. Here’s why

Zee Entertainment shares rebounded 7% today. Here’s why

Shares of Zee Entertainment Enterprises Ltd climbed nearly 7 per cent on Wednesday after reporting their biggest single-day drop during the previous session. The stock today rose 6.70 per cent to settle at Rs 166.35. Yesterday, it had crashed 32.73 per cent on termination of $10 billion merger agreement by Japan’s Sony Pictures. Rumours of … Read more