In December 2021, Zee Entertainment and Sony Pictures agreed to merge their businesses to create a $10-bn media giant

Zee-Sony merger: Axis Finance files plea in NCLAT against NCLT nod for deal

On August 10, NCLT approved the merger of Zee Entertainment Enterprises and Culver Max Entertainment.

IDBI Bank Challenges NCLT Verdict On Zee-Sony Merger - News18

Zee Entertainment’s fate hangs in balance as the NCLAT to hear the insolvency case.

NCLAT Notice To Zee Entertainment In IDBI Bank’s Appeal Against Dismissal Of Insolvency Plea

Trade Talk | Markets In A Tight Range, Bank Nifty Continues To Consolidate Alex and Hiral takes us through key market levels to watch and highlight stocks like ONGC, SBI, Zee Entertainment, Zomato among others #BQLive Alex and Hiral takes us through key market levels to watch and highlight stocks

Trade Talk | Markets In A Tight Range, Bank Nifty Continues To Consolidate

Zee Entertainment to be removed from MSCI Global Small Cap Indexes, outflow of $22M expected. Merged entity’s shares to debut on bourses 4-7 weeks from last trading day. MSCI’s potential early inclusion of Sony-Zee in Standard Index post-listing could generate $230M inflow. Mutual fund schemes like…

Zee Entertainment to be removed from MSCI Global Small Cap Indexes following merger

On August 11, the Mumbai bench of the National Company Law Tribunal (NCLT) approved the merger scheme between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony).

MSCI set to remove Zee Entertainment from Global Smallcap index: Report

Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka has moved the Securities Appellate Tribunal (SAT) against the Securities Exchange Board of India’s (SEBI) confirmatory order barring him and his father Subhash Chandra Goenka, the entertainment company’s Chairman Emeritus, from hol…

ZEEL’s Punit Goenka moves SAT, seeks a stay on SEBI’s confirmatory order

Geojit is bullish on Zee Entertainment Enterprises has recommended buy rating on the stock with a target price of Rs 312 in its research report dated August 21, 2023.

Buy Zee Entertainment Enterprises; target of Rs 312: Geojit

SEBI, in its confirmatory order, shows the modus operandi employed by promoters in diverting funds from Zee Entertainment.

SEBI Details How Zee Promoters Goenka And Chandra Diverted Funds

IDBI Bank had filed the plea in December 2022 before the Mumbai bench seeking insolvency proceedings against Zee Entertainment.

NCLAT to hear IDBI Bank’s appeal against Zee Entertainment on Aug 31

The National Company Law Appellate Tribunal (NCLAT) on Thursday agreed to hear IDBI Banks plea against Zee Entertainment in payment dispute case on August 31, 2023. Earlier, on August 2, the hearing on bank’s plea was deferred by the NCLAT till August 17. ​​The private lender has challenged an NCLT …

NCLAT to hear IDBI Bank’s plea against Zee Ent in payment dispute case on Aug 31

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Zee Entertainment Enterprises Limited is a media and entertainment company engaged in providing broadcasting services.