Zee Entertainment hits 52-week low on reports of SFIO probe, stock plunges 31%
Updated : January 25, 2019 04:31 PM IST
In November last year, Essel had announced that the company will sell a part of its stake in Zee Entertainment to a global strategic investor.
The stock opened at Rs 437.75 and quoted Rs 370.60 on the NSE, down by 14.6 percent at 2.06 pm.
The stock tumbled more than 16 percent this week and the one-year return on stock is negative, down by 23.2 percent.
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