Top Story

e4m_logo.png

Home >> International >> Article

Zee Telefilms shares back in favour

06-February-2002
Font Size   16
Zee Telefilms shares back in favour

The Zee Telefilms Ltd (ZTL) counter is back in favour. On Tuesday, it closed at Rs 132.10 on the NSE, up from the previous day's close of Rs 129.25 with volume of 59.02 lakh shares. On BSE, it closed at Rs 132.60 (Rs 129) with volume of around 33.83 lakh shares. On Monday, ZTL's combined volume on the NSE and the BSE was 1.14 crore. In the last few minutes of Tuesday's session, the scrip went up from Rs 131.10 to Rs 133.80.

The recent developments — the FII picking up 90 lakh shares of ZTL, the promoters clearing their liabilities of Rs 220 crore and Zee Telefilms and Turner International (India), floating a joint venture for their operations in India are the main reason behind such a sentiments at the counter.

According to market analysts, the market is awaiting the details of the proposed plan to close or merge 10 subsidiaries of ZTL, including some overseas ones. The company has 27 subsidiaries.

Source: Business Line

Tags

Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.

Exchange4media interacted with Jaspreet Chandok, Vice President and Head (Fashion) , IMG Reliance Pvt. Ltd on seamless brands integrations planned for Lakme Fashion Week, walking tall despite blazing trails like GST, demonetization and being a part of the larger cultural space

Their strategy to educate the consumers to make well informed decisions at all stages has worked out well.

Bobby Pawar, MD, CCO - South Asia, Publicis India, talks about his idea of chilling out

WhatClicks promises to be an unbiased, objective, third-party audit firm that will work with advertisers and agencies alike to help build an effective and integrated digital strategy.

V-Guard Industries, a household name for consumer electrical appliances in India, has revamped its logo in order to reflect the strength gained by the brand over the years. The company has also unveil...

The report reveals that there has been nearly 5 times more growth in video consumption in the last 12 months, with 96 percent of all usage being focused on long form video