Stock & Roll: How media companies fared this week

Indian media witnessed notable fluctuations in stock prices over the past week. The sector experienced mixed trends, with some stocks rebounding from midweek slumps while others struggled to recover. 

ZEE Entertainment Enterprises Ltd (ZEEL)
ZEEL’s stock opened the week on a strong note at ₹112.84, marking its highest level for the week. However, by Tuesday, it plummeted to ₹103.80, the lowest point of the week. The stock showed limited recovery and ended the week at ₹105.65 on Friday.  

Network18
Network18’s share price began at ₹50.48 and dipped to its weekly low of ₹47.92 on Tuesday. However, the stock demonstrated resilience, steadily climbing through the rest of the week to close at ₹52.78 on Friday, its highest point for the week.  

TV Today Network 
TV Today’s stock opened at ₹198.81, reaching its highest level for the week on Monday. However, it experienced a sharp decline, hitting ₹182.67, its lowest for the week. By Friday, the stock regained some ground and closed at ₹193.15.  

Zee Media Corporation Ltd (ZMCL)
ZMCL’s share price started at ₹16.41 before sliding to ₹15.54 on Tuesday, marking its lowest level for the week. The stock then witnessed a steady climb, closing at ₹17.19 on Friday, its highest for the week.  

NDTV
NDTV’s stock opened at ₹143.98 and briefly peaked at ₹144.84 on Monday, recording its highest level for the week. However, by Tuesday, it dropped to ₹137.95, the week’s lowest. The stock rebounded midweek and closed at ₹143 on Friday.  

Jagran Prakashan
The stock of Jagran Prakashan opened at ₹78.09, which was the highest for the week. It declined to ₹73.97 on Tuesday, marking its lowest level. By Friday, it had recovered, closing at ₹77.48.  

HT Media  
HT Media’s share price started at ₹20.53 before sliding to ₹19.20, its lowest point for the week. The stock showed upward momentum, hitting a weekly high of ₹21.35 on Friday before settling at ₹21.05 at the close.