• 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

You May Also Like

Live TV
Advertisement