Adani Ent. & Adani Wilmar to remain in focus as former explores selling stake. Singer India suspends BIS Certification Marks License. CCI approves HDFC Credila Financial Services’ acquisition. Netlink Solutions to open subsidiary in USA. Lupin’s US-based subsidiary gets US FDA approval. Capital Indi…

Focus on Adani Enterprises, Adani Wilmar, Singer India, CCI, Netlink Solutions, Lupin, Capital India Finance, Power Grid, Aarti Drugs, Zee Learn, Abbott India & More Ahead of Q2 Earnings on August 9

Stocks to Watch: Check out the companies making headlines before the opening bell today.

Buzzing Stocks: Coal India, Lupin, Zee Learn, Oil India, Prestige Estates, others in news

SVP Global Textiles Ltd, Zee Learn Ltd, KDDL Ltd and Technocraft Industries (India) Ltd are among the other losers in the BSE’s ‘B’ group today, 23 February 2023.

Tarapur Transformers Ltd leads losers in ‘B’ group

Simplex Infrastructures Ltd, Capacite Infraprojects Ltd, Zee Learn Ltd and Starlit Power Systems Ltd are among the other losers in the BSE’s ‘B’ group today, 22 February 2023.

Asahi Songwon Colors Ltd leads losers in ‘B’ group

Stocks to watch: Infosys, Hindustan Unilever, Info Edge, Lumax Auto, Dilip Buildcon, Cipla, Kirloskar Ferrous, Crisil, Powergrid, KEC International, RITES, Imagicaaworld, Bharat Forge, NINtec Systems, Zee Learn, HG Infra, Prince Pipes

Stocks that will see action on February 20, 2023

Under Section 7 of the Insolvency and Bankruptcy Code (IBC), a financial creditor can get insolvency proceedings initiated against the corporate debtor concerned. YBL had claimed a default of Rs 468.99 crore by the Essel Group company. Out of the default amount of Rs 468.99 crore, the principal amou…

NCLAT sets aside insolvency proceedings against Zee Learn, directs NCLT to decide afresh

The National Company Law Appellate Tribunal (NCLAT) has set aside an NCLT order allowing insolvency proceedings against the Essel group firm Zee Learn and directed the Mumbai bench of NCLT to pass a fresh order.

NCLAT halts NCLT’s order allowing insolvency proceedings against Zee Learn

ZEE’s profit fell due to exceptional items pertaining to revenue recognition of Siti Networks, impairment of NCDs from Zee Learn, merger-related costs and provision for DSRA.

ZEE Entertainment shares drop on Q3 results, ahead of NCLT hearing. Will the stock test 52-week low?

Exceptional items like provisions for Zee Learn’s insolvency case and receivables from Siti Networks, as well as one-time bonus as part of talent retention plan dragged down the bottom line

Zee Entertainment Q3 net profit slumps 92% to Rs 24 crore; revenue flat

The National Company Law Tribunal (NCLT) has directed to initiate insolvency proceedings against Zee Learn, following a petition filed by private sector lender Yes Bank Ltd.

NCLT directs Insolvency proceeding against Zee Learn, after Yes Bank’s plea

Yes Bank Ltd (YBL) had claimed a default of Rs 468.99 crore by the Essel Group company. Out of the default amount of Rs 468.99 crore, the principal amount was Rs 410.67 crore and Rs 58.32 was interest. The date of default was August 2, 2021. A two-member bench of the Mumbai NCLT said the application…

NCLT admits Zee Learn for resolution on Yes Bank plea

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

Profitability and efficiency haven't been upto the mark

Profitability

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Zee Learn Limited is an education company engaged in the operation of a chain of K-12 schools and pre-schools.

Zee Learn Ltd