Yesterday, March 7, the stock of Zee Entertainment came to life in the final hour of trade and ended virtually at the high point of the day, but from the peak that was seen in December 2021, the stock has corrected around 37-38 percent.
However, valuation wise it's relatively more attractive; trades around 13 times now. In December 2021, it traded nearly 19-20 times.
Watch the accompanying video of CNBC-TV18’s Nigel Dsouza for more details.