Latest news with #Shreyasi
Time of India
14-05-2025
- Business
- Time of India
Punit Goenka's wife and son buy 0.18% stake in Zee Entertainment for Rs 20 crore
Zee Entertainment shares price target Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Family members of Punit Goenka , CEO of Zee Entertainment , have acquired a 0.18% stake in the company for around Rs 20 crore, according to data available on wife Shreyasi purchased 8,39,490 shares worth Rs 9.99 crore (0.09% stake), while his son Udayan acquired 8,40,020 shares for a similar amount and stake. Following the latest acquisition on 12th May 2025, their combined holding now stands at 0.46%.In March, Shreyasi had purchased 13,83,500 shares worth Rs 13.46 crore (0.14%), and Udayan had acquired 14,15,450 shares also worth Rs 13.46 crore (0.15%). Prior to these transactions, the family held a 4% stake in Zee latest stake purchase was made on 12th May 2025. Following the update, Zee Entertainment shares rose 5.12% in Tuesday's trade, closing at Rs 123.15. Over the past three months, the stock has gained 23.2%, though it is down 49% over the past three to Trendlyne, the average target price for Zee Entertainment stands at Rs 144, implying a potential upside of nearly 17% from current levels. Among the 19 analysts covering the stock, the consensus rating is 'Buy'.From a technical perspective, the Relative Strength Index (RSI) is at 67.2, indicating neutral momentum. The MACD stands at 1.8 and is positioned above both its center and signal lines, suggesting a bullish Entertainment shares are currently trading above their 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
14-05-2025
- Business
- Economic Times
Punit Goenka's wife and son buy 0.18% stake in Zee Entertainment for Rs 20 crore
Zee Entertainment shares price target Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Family members of Punit Goenka , CEO of Zee Entertainment , have acquired a 0.18% stake in the company for around Rs 20 crore, according to data available on wife Shreyasi purchased 8,39,490 shares worth Rs 9.99 crore (0.09% stake), while his son Udayan acquired 8,40,020 shares for a similar amount and stake. Following the latest acquisition on 12th May 2025, their combined holding now stands at 0.46%.In March, Shreyasi had purchased 13,83,500 shares worth Rs 13.46 crore (0.14%), and Udayan had acquired 14,15,450 shares also worth Rs 13.46 crore (0.15%). Prior to these transactions, the family held a 4% stake in Zee latest stake purchase was made on 12th May 2025. Following the update, Zee Entertainment shares rose 5.12% in Tuesday's trade, closing at Rs 123.15. Over the past three months, the stock has gained 23.2%, though it is down 49% over the past three to Trendlyne, the average target price for Zee Entertainment stands at Rs 144, implying a potential upside of nearly 17% from current levels. Among the 19 analysts covering the stock, the consensus rating is 'Buy'.From a technical perspective, the Relative Strength Index (RSI) is at 67.2, indicating neutral momentum. The MACD stands at 1.8 and is positioned above both its center and signal lines, suggesting a bullish Entertainment shares are currently trading above their 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day simple moving averages (SMAs).: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
