16:40 May 24, 2013  

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Hot Pursuit
Zee Entertainment falls ex-dividend
Published on Thu Jul 05, 2012 at 09:35 AM

Meanwhile, the BSE Sensex was down 9.97 points, or 0.06%, to 17,452.84

On BSE, 4,344 shares were traded in the counter as against an average daily volume of 1.01 lakh shares in the past one quarter.

The stock hit a high of Rs 148.20 and a low of Rs 146 so far during the day. The stock had hit a 52-week high of Rs 151.65 on 2 July 2012. The stock had hit a 52-week low of Rs 109.65 on 5 October 2011.

The stock outperformed the market over the past one month till 4 July 2012, surging 18.17% compared with the Sensex`s 9.22% rise. The scrip had also outperformed the market in past one quarter, rising 10.70% as against Sensex`s 0.13% fall.

The large-cap company has an equity capital of Rs 95.88 crore. Face value per share is Re 1.

Before turning ex-dividend, the stock offered a dividend yield of 1% based on the closing price of Rs 148.95 on Wednesday, 4 July 2012.

On a consolidated basis, Zee Entertainment Enterprises` net profit declined 18.6% to Rs 160.17 crore on 9.3% rise in net sales to Rs 869.06 crore in Q4 March 2012 over Q4 March 2011.

Zee Entertainment Enterprises is one of India`s leading television, media and entertainment companies.

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