• SENSEX
    NIFTY 50
Market

Global brokerages downgrade Zee, cut TP post Q4 numbers, say stake sale key

Updated : May 28, 2019 01:01 PM IST

Citi Group and Credit Suisse downgraded Zee to neutral and cut its target price.
As per the latest development, sources have told CNBC-TV18 that Sony Corp has revived talks with Essel Group to buy a majority stake in the company.
Zee, on Monday, reported a 26.8 percent increase in its net profit at Rs 292.5 crore as against Rs 230.6 crore in the same period last year.
Global brokerages downgrade Zee, cut TP post Q4 numbers, say stake sale key
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV