Zee share price: Picture abhi baki hai! Zee shares rally 7% as Sony merger talks re-start

Shares of debt-ridden Zee Entertainment Enterprises Ltd (ZEEL) rallied over 7% to the day’s high of Rs 192 on Tuesday as the media house re-initiated talks for a merger with Sony Group after the $10 billion deal was cancelled last month. In a fresh dramatic twist, which is no less than an unending soap opera, … Read more

Zee share price: Zee shares plunge over 30% after Sony calls off merger

Mumbai: Shares of Zee Entertainment plunged 32.7% on Tuesday – the highest-ever single-day fall – on heightened pessimism around the termination of the merger deal with Sony and the likely subsequent legal and regulatory implications. Top brokerages downgraded their ratings and cut target prices on the stock as analysts believe that the share price will … Read more