Zee share price

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Zee Entertainment Share Price Plummets After Sony Merger Fiasco

Financial Markets - Investors - Merger - Sony - Stock Market - Zee Entertainment

Zee shares nosedive as Sony scraps merger deal, causing a financial rollercoaster for investors.

Zee Entertainment's share price took a massive hit, plummeting by as much as 30% after the failed merger with Sony. The market was left reeling as the stock saw a series of sharp declines, triggering sell-offs and a frantic situation for shareholders. Analysts predicted a de-rating in P/E valuation, leading to a downward spiral in ZEE shares. Brokers downgraded the stock to sell, exacerbating the already volatile situation.

In the aftermath of the canceled merger, Zee's valuation is expected to decrease significantly, impacting its standing in the market. The sudden crash in share prices painted a grim picture for the media giant, with experts expressing concerns about the future trajectory of the stock. Investors faced uncertainty and a challenging financial landscape as the fallout from the terminated merger continued to ripple through the market.

As the dust settled, Zee Entertainment witnessed a slight rebound in share prices, offering a glimmer of hope for investors. The stock's recovery provided a brief respite after the tumultuous events surrounding the failed merger. Despite the bounce back, the company still faced a long road to regain investor confidence and stabilize its position in the market.

Amidst the turmoil, Zee Entertainment's share price journey serves as a cautionary tale about the risks and uncertainties in the world of mergers and acquisitions. The company's rollercoaster ride highlights the importance of due diligence and strategic planning in major corporate deals to avoid detrimental consequences for shareholders. The fallout from the failed Sony merger continues to reverberate, underscoring the volatile nature of the stock market and the challenges companies face in navigating complex business transactions.

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Image courtesy of "Livemint"

Zee share price tanks 15%, hits lower circuit as Sony calls off merger ... (Livemint)

Zee Entertainment share price opened at ₹208.60 on Tuesday against the previous close of ₹231.75 on the BSE. It extended losses and cracked 15 per cent to ...

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Image courtesy of "Business Today"

ZEE shares at Rs 130? Stock sees 'Sell' recommendations, PE ... (Business Today)

ZEE may see a sharp de-rating in P/E valuation of its broadcasting business to at least 10 times one-year forward or lower, due to the unfinished merger, ...

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Image courtesy of "India Today"

Zee shares fall 10% after failed merger deal with Sony. Should you ... (India Today)

Zee shares plummet: At 10:05 am, shares of the media giant were down 9.98 per cent on the National Stock Exchange (NSE) at Rs 208.30, marking their most ...

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Image courtesy of "Exchange4Media"

Merger off: How will it impact Zee share prices? (Exchange4Media)

The tumultuous two years of the Zee-Sony merger saga saw ZEEL's share prices yo-yoing; analysts say Zee's valuation is likely to drop to levels seen prior ...

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Image courtesy of "CNBCTV18"

Zee Entertainment gets multiple downgrades after Sony merger ... (CNBCTV18)

Multiple brokerages have downgraded shares of Zee Entertainment after its proposed $10 billion merger with Sony Pictures was called off on Monday after ...

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Image courtesy of "The Economic Times"

Zee-Sony merger cancelled: CLSA downgrades Zee shares to sell ... (The Economic Times)

After Sony canceled a $10 billion mega-merger with its India unit and Zee Entertainment, global broking firm CLSA on Monday downgraded the stock to sell ...

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Image courtesy of "Moneycontrol.com"

CLSA downgrades Zee to 'sell' as Sony calls off merger; expects ... (Moneycontrol.com)

The brokerage also sharply slashed its price target for the stock by 34 percent to Rs 198 in anticipation of a slump in Zee's valuation post the ...

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Image courtesy of "CNBCTV18"

Zee Entertainment shares extend losses to 30%, biggest single-day ... (CNBCTV18)

The Bombay Stock Exchange (BSE) has revised the Dynamic Price Band of shares of Zee Entertainment to 30% downward from 25% earlier.

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Image courtesy of "Business Today"

ZEE shares crash further, down 30% as brokers cut target prices on ... (Business Today)

Against a closing value of Rs 231.75 on Friday, ZEE shares fell 29.98 per cent to hit a low of Rs 162.25 on BSE. This was the fresh 52-week low level for ...

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Image courtesy of "India Today"

Zee shares nosedive 30% as Sony scraps $10 billion merger deal ... (India Today)

Zee shares are set for their worst day ever after Sony Group called off the $10 billion merger deal citing unmet demands. The failure of the merger is ...

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Image courtesy of "The Economic Times"

zee share price: Zee shares crash 30% to record worst fall in history ... (The Economic Times)

Zee Entertainment shares hit the lower circuit as brokerages downgrade the stock after the cancellation of the merger with Sony. CLSA downgraded Zee to sell ...

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Image courtesy of "Reuters"

India's Zee slides 30%, Sony deal collapse stokes worries about its ... (Reuters)

Shares in India's Zee Entertainment plunged by as much as 30% on Tuesday, set for their worst day ever, after the collapse of its $10 billion merger with ...

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Image courtesy of "Livemint"

Zee-Sony merger: CLSA downgrades Zee Entertainment to 'sell ... (Livemint)

The global brokerage firm has further slashed the target price of Zee Entertainment stock by 34% to ₹198.

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Image courtesy of "Moneycontrol.com"

Neutral Zee Entertainment; target of Rs 200: Motilal Oswal (Moneycontrol.com)

Motilal Oswal recommended Neutral rating on Zee Entertainment with a target price of Rs 200 in its research report dated January 22, 2024.

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Zee Entertainment share price tanks more than 25%: Mutual funds ... (Livemint)

Stock Market Today: Zee Entertainment Enterprises shareholding pattern data on the BSE indicates that at the end of December'2023, 29 mutual Funds were ...

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Image courtesy of "CNBC"

India's Zee Entertainment dives 31% after Sony calls off mega merger (CNBC)

Shares of India's Zee Entertainment fell 31% on Tuesday after a division of Japanese tech giant Sony scrapped plans for a merger.

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Image courtesy of "Business Standard"

Zee nosedives 30% in worst single-day fall after Sony scraps deal (Business Standard)

After the deal with Sony was terminated, nearly half a dozen brokerages downgraded Zee's stock while lowering the earnings multiple assigned to the ...

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Image courtesy of "The Economic Times"

Zee share price: Zee shares plunge over 30% after Sony calls off ... (The Economic Times)

Top brokerages downgraded their ratings and cut target prices on the stock as analysts believe that the share price will be under pressure at least for now.

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Image courtesy of "Livemint"

Zee Ent share price rallies over 7% after more than 30% slump on ... (Livemint)

Zee shares erased more than ₹7000 crore market-cap in a single day on Tuesday.

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Image courtesy of "The Economic Times"

zee share price: Zee shares bounce back 8%. Has the media stock ... (The Economic Times)

The stock has been the subject of multiple de-ratings and sell calls since the Sony deal was terminated. Zee has already refuted Sony's claims about the ...

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Image courtesy of "Business Today"

IFCI, IRFC, ZEE, YES Bank, IREDA shares rally up to 17% amid high ... (Business Today)

HDFC Bank Ltd, Reliance Industries Ltd (RIL), Axis Bank Ltd and RVNL were some of the NSE-listed companies seeing high turnover in the morning session.

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Post termination of merger, Zee Entertainment share prices witness ... (afaqs)

Zee Entertainment shares, on January 23, witnessed a sharp 33% decline to reach a 52-week low of Rs 152.5 on the BSE, marking its most significant one-day ...

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Image courtesy of "Times of India"

Zee Entertainment shares rebound at 8%; is the worst over for the ... (Times of India)

India Business News: Shares of Zee Entertainment witnessed a notable rebound on Wednesday, surging by approximately 8%. Is the worst over for the media ...

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Image courtesy of "Business Today"

Zee Entertainment shares rebounded 7% today. Here's why (Business Today)

Sony and Zee officially called off the planned media merger after two years of drama and delay, abandoning their effort to create an entertainment giant in ...

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