Zee Entertainment Enterprises Ltd (ZEE) enjoyed a year-on-year jump of more than 10 per cent in its net profit in the three months through December 31, thanks to an impressive increase in advertising revenues.

Zee on Wednesday announced that its net profit jumped 10.5 per cent to Rs 213.6 crore in the October to December quarter, driven by a 34.3 per cent rise in advertising revenues to Rs 684.31 crore.

New Delhi, Aug 8 : Zee Entertainment Enterprises Ltd (ZEEL) Thursday announced the launch of '& Pictures', the country's first interactive Hindi movie channel, going on air Aug 18. Apart from showing movies, it will engage audiences through various digital platforms.

Their first step towards being interactive has been the launch of instant movie-making contest -- Never &ing Movie, which has been developed by Experience Commerce (EC), a digital agency, which went live on Aug 5.

Zee Entertainment Enterprises has reported a 2.8 percent rise in consolidated net profits during the third quarter of financial year to Rs 193.3 crore on a quarterly basis.

On the other hand, the company reported a fall of 1.5 percent to Rs 938.8 crore compared to Rs 953.5 crore recorded earlier. The figures were higher than expected as the analysts were expecting a net profit of Rs 175 crore and revenue of Rs 918 crore during the quarter.

Zee Entertainment Enterprises has reported an increase of 26.7% rise in its consolidated net profit for the second quarter ending September due to increased subscriptions and lower costs.

The consolidated net profit in the quarter rose to Rs160 crore compared to Rs126.3 crore in the same period last year. The company's consolidated revenues stood at Rs718.4 crore and its earnings before interest, tax, depreciation and amortisation (Ebitda) margins was recorded at 28.9%.

Technical analyst Sudarshan Sukhani has maintained 'buy' rating on Zee Entertainment Enterprises Ltd (ZEEL) stock to attain a target of Rs 143.

According to analyst, the interested investors can buy the stock with a stop loss of Rs 132.

The stock of the company, on May 02, closed at Rs 136.35 on the Bombay Stock Exchange (BSE).

Current EPS & P/E ratio stood at 6.21 and 21.87 respectively.

The share price has seen a 52-week high of Rs 163 and a low of Rs 109.20 on BSE.

Technical analyst Anil Singhvi has maintained 'buy' rating on Zee Entertainment Limited stock with an intra-day target of Rs 160.

According to analyst, the investors can purchase the stock with a stop loss of Rs 147.

The stock of the company, on December 02, closed at Rs 149.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 163 and a low of Rs 123.25 on BSE.

Current EPS & P/E ratio stood at 5.34 and 28.29 respectively.

Stock market analyst Hemen Kapadia has maintained 'sell' rating on Zee Entertainment Enterprises Limited stock with an intraday target of Rs 299.

According to analyst, the interested investors can sell the stock at Rs 305 with a strict stop loss of Rs 308.

Mr. Kapadia said that it's better to sell the stock at the moment, otherwise, it will drop further.

Today, the stock of the company opened at Rs 293.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 326 and a low of Rs 228.05 on BSE.

Stock market analyst Anu Jain has maintained 'buy' rating on Zee Entertainment Enterprises Ltd stock with a target of Rs 295.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 284.

The stock of the company, on Sep 03, closed at Rs 286.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 326 and a low of Rs 209 on BSE.

Current EPS & P/E ratio stood at 10.47 and 28.09 respectively.

Stock market analyst Hemen Kapadia is of the view that investors can 'sell' Zee Entertainment Ltd stock with intra-day target of Rs 288.

According to analyst, the interested investors can sell the stock at Rs 294 with stop loss of Rs 297.

Today, the shares of the bank opened at Rs 293.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 326 and a low of Rs 174.05 on BSE.

Current EPS & P/E ratio stood at 10.47 and 28.19 respectively.

Stock market analyst Anu Jain is of the view that investors can buy Zee Entertainment Ltd stock to achieve targets of Rs 310 and 325.

According to analyst, the interested investors can buy the stock with stop loss of Rs 294.

Today, the shares of the bank opened at Rs 301.20 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 326 and a low of Rs 174.05 on BSE.

Current EPS & P/E ratio stood at 10.47 and 28.84 respectively.

India's top-listed television broadcaster Zee Entertainment Enterprises Ltd. has announced its first quarter financial results for the fiscal year 2010-11. According to the report, it has registered an impressive net profit rise in the quarter under review. Zee Entertainment Enterprises Ltd. has posted a net profit of 1.5 billion rupees for the quarter that ended in 30th June, 2010.

On Tuesday, Zee Entertainment Enterprises (ZEE) said that its net profit has jumped by 64.36 per cent. In real terms the profit of media major was at Rs 150.1 crore for the quarter ending June 30.

The company said that this is the result of higher volume from the advertising front.

This is higher than last year when the net was at Rs 91.32 crore, Zee said in a filing with the BSE.

On the revenue front, the increase was that if 42.24 per cent to end at 676.99 crore for the same quarter. Last year for the same quarter it stood at Rs 475.93 crore.

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.

Stock market analyst Hemen Kapadia has maintained 'sell' rating on Zee Entertainment Enterprises Ltd stock with intraday target of Rs 292.

According to analyst, the investors can sell the stock at Rs 298 with stop loss of Rs 301.

The shares of the company, on June 24, closed at Rs 293.55 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 314.70 and a low of Rs 163 on BSE.

Current EPS & P/E ratio stood at 11 and 26.35 respectively.

Technical Analyst Sanjay Surekha has maintained 'buy' rating on Zee Entertainment Enterprises Ltd stock to achieve an intraday target of Rs 292.

According to analyst, the investors can buy the stock with stop loss of Rs 280.

The stock of the company, on May 28, closed at Rs 283.10 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 314.70 and a low of Rs 158 on BSE.

Current EPS & P/E ratio stood at 11 and 25.53 respectively.

Zee Entertainment Enterprises Ltd is the country's biggest media and entertainment company.

Technical Analyst Salil Sharma has maintained 'buy' rating on Zee Entertainment stock to achieve an intraday target of Rs 313.

According to him, interested traders can purchase the stock with a stop loss of Rs 296.

The shares of the company, on April 27, closed at Rs 102.05 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 314.70 and a low of Rs 110.45 on BSE.

Current EPS & P/E ratio stood at 11 and 27.45 respectively.

The leading television broadcasting firm of the country, Zee network board has approved the acquisition of one of the other channel of India i. e. 9X. The board has decided to have a common meeting on 29th of this month to consider various issues related to the deal.

Basically, the board has to decide on the terms of the schemes and the share swap ratio.

Zee Entertainment Enterprises Ltd. is India's number one entertainment firm. On the other hand, 9X is a channel which both in entertainment and news field. The 9XM and the 9X news have been owned and operated by the INX Media Private Limited.

Zee News, on Wednesday, said that the news channel of the media company posted a net consolidated profit of Rs. 2.82 crore for the fourth quarter of the last fiscal. This is much lower than the figure for the previous quarter when the consolidated profit was Rs. 8.91 crore.

For the quarter the consolidated operation income stood at Rs. 60.6 crore as against Rs. 138.4 crore during the last fiscal. The firm also showed a consolidated PAT of Rs. 48.3 crore this year in comparison to Rs. 44.6 crore for the same period last fiscal.

Zee Entertainment Enterprises Ltd. (ZEEL) has managed to post a remarkable profit after tax for the forth quarter of the fiscal year 2010. The consolidated revenue for the company was found to be Rs. 6.49 billion.

Zee has registered a consolidated operating profit i. e. the Earning Before Interest Tax Depreciation and Amortization (EBITDA) was Rs 1.84 billion. Profit after tax (PBT) of the firm was Rs 1.96 billion and the profit after tax (PAT) was stood at Rs 1.29 billion.

Stock market analysts are of the view that investors can sell Zee Entertainment Enterprises stock with a target price between Rs 226-223.

According to them, investors can sell the stock below Rs 229 with a strict stop loss of Rs 232.

If the stock fell below Rs 220, it may see more weakness.

Today (Nov 03), the stock opened at Rs 231 on the Bombay Stock Exchange (BSE). Current EPS & P/E ratio stood at 6.70 and 34.63 respectively. The share price has seen a 52-week high of Rs 261.40 and a low of Rs 88.10 on BSE.