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ET Markets - Industry 31d ago
Zee Entertainment approves Rs 2,300 crore capital raise
Zee Entertainment Enterprises Ltd is raising at least Rs 2,300 crore. This capital will fund new business ventures and strategic plans. The company recently secured FIFA media rights until 2034. This move strengthens its balance sheet. Zee is also investing in digital platforms like Bullet and PhantomFX. The fundraising follows a challenging financial quarter for the broadcaster.
AKCAPITBFSICPCAPECAPINSUREGROWWCAPMGROWWEVHTMEDIAJMFINANCILMMELMOCAPITALNAHARCAPPHANTOMFXTNIDETFZEELZEEMEDIAFinancial ServicesMedia Entertainment & Publication
negative
Business Standard - Markets 52d ago
Zee Entertainment falls 6% on weak Q4; analysts flag ad revenue concerns
Elara Capital downgraded Zee Entertainment Enterprises to Sell, while Motilal Oswal Financial Services retained Neutral amid weak ad demand and rising digital competition
AKCAPITCPCAPJMFINANCILMOALPHA50MOBANK10MOCAPITALMODEFENCEMOENERGYMOGOLDMOGSECMOHEALTHMOINFRAMOIPOMOLOWVOLMOM100MOM50MOMENTUM50MOMGFMOMIDMTMMOMNCMOMOMENTUMMON100MON50EQUALMONEXT50MONIFTY100MONIFTY500MONQ50MOPSEMOQUALITYMOREALTYMOSERVICEMOSILVERMOSMALL250MOTILALOFSMOTOURMOVALUENAHARCAPZEELFinancial ServicesMedia Entertainment & Publication