Top Story


Home >> International >> Article

The Zee Telefilms share has lost more than 27 per cent

Font Size   16
The Zee Telefilms share has lost more than 27 per cent

The Zee Telefilms share continued to reel under selling pressure on Tuesday. In the last five trading sessions it has lost more than 27 per cent. The scrip plunged past the 8 per cent lower circuit limit to touch a new 19-month low of Rs 162.25 (on a face value of Re 1), before settling at Rs 164.95.

Shubham Majumder, research analyst at Motilal Oswal Securities, said: "Though Zee may appear to be attractive on historic basis but it is still very expensive on current earnings. Hence, the stock prices are now aligning with its fundamentals."

Analysts also point out that Zee also received a big blow in the sports category as it failed to get the rights for the next two cricket World Cups. As a result, it divested its interests in Buddha Films (BFPL), a private limited company, and Zee Sports. ZTL is now getting back to basics. Its core competence all these days was its programming.

The company now plans to do programming with a target viewership along with an efficient use of resources. It also wants to make continuous innovations as against a reactive approach to competition. It has lined up a slew of new programmes starting March 2001.


Vijay Mansukhani, speaks to exchange4media about the resurgence of Onida, the scope of growth of consumer electronics market in India and the reasons why Indian consumer electronics brands don’t compete on a global scale

Projjol Banerjea opens up about hiring Anne Macdonald and GroupM's Rob Norman, and the brand's new identity

Meera Iyer tells exchange4media that in FY 2016/17, bigbasket clocked a revenue of Rs 1,400 crore. The online supermarket currently stands at 70,000 orders a day, with operations in 25 cities.

CMO, Kashyap Vadapalli on the start-up’s marketing play, why it has decided to stay away from IPL and response to its furniture rental apps

In terms of affiliates, India ranks on the top. Spurred by the fast growth of mobile users and hence internet users, there are millions of websites, apps, WAP-sites and blogs using affiliate marketing...

Insecurity in the workplace due to the idea of AI encroaching on your job, or being sidelined at work because of your small town background? Sandeep Goyal has the right answers to help you deal with w...

As National Sales Head at, Ashish aims to bring on board a maximum number of advertising partners and consolidate the network’s position as a leader in the space.