The Zee Entertainment Enterprises Limited is a large cap company belonging to Nifty 50 group. For this reason, ZEEL share price or Zee Entertainment share price influences the benchmark index.
ZEEL Share Price Graph OR Zee Entertainment Share Price Graph
Earlier ZEEL was known as Zee Telefilms Limited. It was incorporated in 1992 as a content supplier to Zee TV – the first Hindi Cable TV channel in India.
Zee Entertainment Enterprises Limited or ZEEL is a large cap company engaged in the business of mass media and infotainment. Zeel operates a number of TV channels in India in National and regional network. Zeel was promoted by Subhash Chandra, the media baron in India with a view to take a strong step in media and communication industry.
Subhash Chandra, in earlier days, joined hand with the Star Group for tv broadcasting business in India. Later News Corp acquired the satellite distribution business of Star, thereby automatically becoming a partner of Zee Entertainment Enterprises Limited. News Corp and ZEEL, to strengthen partnership, formed Siticable, the first pan-India cable TV company. Six years later, eyeing the booming business in media, ZEEL bought the complete stake from News Corp of the broadcasting business as well as the stake of Siticable. Today ZEEL is the only large cap company in media and communication sector.
In its pioneering journey in Indian media industry, ZEEL has achieved the following.
- India’s first listed media company.
- Zee Cinema – the first cinema channel in Hindi
- Zee Tv – the first channel for general entertainment programs in Hindi
- The first company to corporatise Bollywood and Hindi film industry.
- Zee News – the first 24 hrs. news channel in Hindi. It is now a separate entity as ZNL (Zee News Limited).
- Launched the first MSO operator in India as Siticable, now a separate entity named Wire and Wireless (India).
Zee Entertainment has been a leader and one of the top global companies. It has been awarded many awards for excellence in its sector and awards for CSR.
Company Financials – ZEEL share price OR Zee Entertainment share price is Rs 491.65 (as on 30.06.17, EOD) in BSE. As per latest data, the standalone basis P/E is 45.67 versus average industry P/E of 40.12, EPS is Rs 10.77. Market cap is Rs 47,220 crores. The face value of a share is Rs 1.
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