Company Information About Zee Ltd Stock Price:

The Essel Group owns ZEEL. The media company makes game shows, TV shows, Hindi as well as regional films, et cetera. It also produces and exports entertainment software for transmission on its ZEE TV channel. The company has over 37 national channels, 39 international channels, over 4200 movie titles, and much more. Some of the favorite channels include Zee TV, Zindagi, Zee Cinema, Zee Studio, Zee Action, Zee Classic, Zee Cafe, and so on. It operates in 173 countries. In 2017, it became the only media brand to be listed in "Interbrand's Best Indian Brands 2017". ZEE has completed 25 years as a mass media company. It entered into global production by launching Zee Studios international in Canada.

History of the Zee Ltd:

ZEEL was incorporated in 1982 under the name of Empire Holdings Ltd. In 1992 the name was changed to Zee Telefilms Limited as it entered into the entertainment software business. After the amalgamation of the news and cable business in 2007, the company changed its name to ZEEL. In 2016, ZEE introduced OZEE an AVOD (Ad-based video on demand) service while in 2015 it began ZEE theatre and became the first media company to enter theatre production. Zee Music Company was established in 2014 following which it was included in the Nifty. In 2012, the company launched Ditto TV that was claimed to be India's first and only OTT (Over-The-Top TV) Distribution Platform. The company forayed into a 50:50 joint venture with Star Den Media Services Pvt. Ltd. to form MediaPro Enterprise India Pvt. Ltd in 2011.

Management:

Dr. Subhash Chandra - Non-Executive Chairman

Currently, he is the Chairman of the Essel Group of Companies, and in 1992 he was responsible for launching the iconic television channel Zee TV. From October 2002 to December 2005. He served as MD at Zee Entertainment Enterprises Ltd. Mr. Chandra led the Board of Directors and helps in creating strategies at Zee along with business heads and managing directors of various departments.

Mr. Punit Goenka - MD and CEO

Punit is the MD since January 1, 2010, and also its CEO since July 2008. He had work experience of over eleven years and associated with various media and entertainment companies in this tenure. He was honored with Business Today 'Best CEO Award' in the Media and Entertainment category for 2016. He was involved in Dish TV (India) Limited and served as its Vice President of Operations for three years.

Listings in NSE, BSE, and Indices:

The stock of Zee Entertainment is available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and The Stock Exchange, Mumbai.

The respective codes for the same are as follows:

  1. NSE Code - ZEELEQ
  2. BSE Code - 505537
  3. ISIN - INE256A01028
  4. Sector - Services

The company forms a part of important indices like:

  1. Nifty 50
  2. Nifty 100
  3. Nifty 200
  4. Nifty 500
  5. S&P BSE 100
  6. S&P BSE 500

Wealth and Recent Performance of Zee Ltd:

ZEEL completed 25 years of its operations in 2017 and received a brand makeover along with a new logo. With an all-India viewership of 18%, ZEEL became the top non-sports entertainment television network during the year.

The consolidated revenue of the company for Q4 fiscal 2018 was Rs. 17,253 million. Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) was Rs. 5,062 million while profit after tax (PAT) for the quarter was Rs. 2,310 million.

The company recorded an advertising revenue of Rs.10,496 million which was up by 23.9%. Meanwhile, the domestic advertising revenue grew by 21.5% and the international advertising revenue for the quarter was Rs.662 million.

For FY18, ZEEL reported consolidated revenue of Rs.66,857 million while the (EBITDA) was Rs. 20,761 million. PAT for the year was Rs.14,791 million. The company's advertising revenue for FY18 recorded a growth of 14.5% at Rs.42,048 million while the domestic advertising revenue grew by 15.9% to Rs.38,488 million.

In 2017, the ZEEL also launched ZEE5, a comprehensive digital platform with 100,000+ hours of content across 11 languages.

Zee Entertainment Stock Trends in 2018:

The stock price of Zee Entertainment on January 1, 2018, the was around Rs.581 on NSE. Throughout the month, the rate increased gradually, and by the end of the month, it had reached Rs.593.

At the beginning of February, the price of Zee Entertainment stock was around Rs.570, and it remained flat throughout the month. In March, the stock price did not change much and closed at Rs.575 by the end of the month. The company called off the acquisition of 9x Media.

Zee Entertainment stock price in April reached Rs.585. The chief financial officer (CFO) of the company Bharat Kedia announced his resignation.

At the beginning of May, the stock price of Zee Entertainment crossed the Rs.600 mark. However, it kept falling, and the closing price of the stock was Rs.556 by the end of the month. The company's strong performance in the quarter was attributed to good performance in the regional markets like Marathi and Kannada.

Should you invest in Zee Entertainment?

Zee is a household brand in India as well as overseas. The company has been a pioneer in the media and entertainment business for past 25 years. The company's stock prices have been quite stable and have not seen drastic fluctuation in the past couple of years.

From a long-term perspective, buying Zee Entertainment shares is a good idea. However, it is advised that you conduct your research before investing in stocks.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The BSE or the Bombay Stock Exchange is Asia's oldest and first stock exchange. It is located in Mumbai, erstwhile Bombay, and it was formally established in 1875. An influential stockbroker and a businessman, Premchand Roychand, along with a handful of acquaintances, started the BSE journey in 1855. The BSE had its meetings under Banyan trees in its initial days. The group grew and eventually moved to a permanent place in 1874. BSE’s office is very appropriately named ‘Dalal Street’ which translated to Broker Street in Hindi. BSE operated as a floor trading exchange for a long time before ascending the digital ladder in 1995. They implemented an automated trading platform which had a capacity of 8 million per day. BSE went global in 2012, by joining the United Nations Sustainable Stock Exchange as a partner. Subsequently, in 2016, BSE established the first international exchange of India, called INX.

National Stock Exchange (NSE)

With an aim to induce transparency to the Indian capital market, the Indian Government implored a group of leading financial institutions for an effective solution. Accordingly, these financial institutions, along with the Government's support, established the first demutualized electronic exchange of India in 1992, known as the NSE. Since its inception, the NSE functioned on a totally automated screen-based digital trading system, which offered a great platform to connect the investor base of the entire country and offer them an easy trading facility. NSE was India's first electronic exchange and currently offers services pertaining to several segments, such as equity derivatives, clearing and settlement services in equity, trading, debt and currency derivatives, etc.

NIFTY Index

The NIFTY is National Stock Exchange of India's benchmark broad-based stock market index for the country's equity market. It lists 50 selected Indian companies across 12 sectors that own the largest and most liquid Indian securities. Hence, it is popularly called NIFTY 50. The Nifty index represents the weighted average of the stock value of those 50 companies. The India Index Services and Products or IISL, a company which is focused on an index as a core product, owns and manages the Nifty. Through one efficient portfolio, the Nifty exposes investment managers to the current status of the Indian market and helps in determining promising investment opportunities.

SENSEX Index

Similar to NSE's Nifty 50, BSE also has a stock market index known as Sensex. The word comes from the words 'Sensitive' and 'Index,' and is basically a portmanteau of the two. BSE 30 and S&P BSE SENSEX are two other names of this index. Sensex constitutes the top 30 financially flourishing and well-established companies from the ones listed on BSE. These companies typically represent diverse industrial sectors of the country's economy to ensure a holistic calculation. Usually, these are the companies that have the largest and most actively traded stocks. SENSEX is broadly reported through both print and electronic media in national as well as international markets. The scientifically designed indexing system is based on globally accepted construction and review methodologies. It is being calculated on the basis of a free-float market capitalization methodology since September 2003.