Media Stocks: A mix of volatility & stability

NDTV and ZMCL showed strong upward momentum, while others like ZEEL and Network18 remained relatively range-bound

by e4m Staff
Published: Feb 22, 2025 8:46 AM | 2 min read

The past week saw a mix of volatility and stability in media stocks, with NDTV and ZMCL showing strong upward momentum, while others like ZEEL and Network18 remained relatively range-bound.

Here’s a detailed look at how key media stocks performed.

ZEEL

ZEEL opened the week at ₹97.43 and dropped to its lowest point of ₹96.35 during the same day. The stock rebounded to a weekly high of ₹101.77 on Friday before closing at ₹97.51. While there was some fluctuation, the stock ended close to its opening price.

Network18

Network18 opened at ₹46.37 and saw its lowest price at ₹45 during the week. The highest point was ₹48.34, but by Friday, it closed at ₹46.18, showing only slight movement. The stock remained mostly range-bound, reflecting stability rather than a bullish or bearish trend.

ZMCL

After opening at ₹13.77, ZMCL stock price hit a low of ₹12.79 on Tuesday before recovering steadily. It reached a high of ₹15.21 before closing the week at ₹14.72, indicating positive momentum.

NDTV

NDTV saw a strong upward trend. The stock opened at ₹127.23 and dropped to its lowest at ₹120.54 early in the week. However, it rebounded well, reaching a high of ₹128.31 on Friday and closing even higher at ₹131. This upward movement suggests strong investor confidence.

TV Today Network

TV Today remained relatively stable with an overall upward movement. It opened at ₹162.52 and saw a minor dip to ₹161.66 before gradually climbing to ₹169 on Friday, the highest for the week. The stock closed at ₹165.98, reflecting steady growth.

HT Media

HT Media opened at ₹19.43 and traded within a narrow range. The lowest price during the week was ₹18.86, while the while the highest was ₹20.17. The stock closed at ₹19.90, showing stability with limited movement.

Jagran Prakashan

Jagran Prakashan had an interesting trend, reaching its highest price of ₹72.5 on the opening day before dropping to ₹70.4, the lowest for the week. It then stabilized and closed at ₹71.48, showing no clear momentum in either direction.