Stock market analyst Hemen Kapadia has maintained 'buy' rating on Zee Entertainment Enterprises Ltd stock with intra-day target of Rs 306.

According to analyst, the investors can buy the stock at Rs 300 with stop loss of Rs 297.

The stock of the company, on July 08, closed at Rs 301.45 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 11 and 27.49 respectively.

The share price has seen a 52-week high of Rs 314.70 and a low of Rs 163 on BSE.

After a pause driven by the slump, the media and entertainment segment is making strong recovery amid restructuring.

In a declaration, Zee Entertainment Enterprises Ltd said that a meeting of the company's directors will take place on July 20, 2010 in order to consider and sanction un-audited financial results of the company for three month period of Financial Year 2010-11 ended on June 30, 2010 (Q1).

Zee Entertainment Enterprises Ltd. is the biggest media and entertainment firm in the country.

It is a wholly-owned arm of Essel Group.

At present, it runs more than 15 different television channels, a cable company SitiCable, a record label Zee Records, a production house and many other businesses also.