TheScreener - Zee Entertainment Enterprises Limited (ZEEL) Increased risk weighs on ZEE ENTERTAINMENT ENTS., penalising its rating down to Neutral

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Increased risk weighs on ZEE ENTERTAINMENT ENTS., penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of ZEE ENTERTAINMENT ENTS. (IN), active in the Broadcasting & Entertainment industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date February 22, 2022, the closing price was INR 240.45 and its target price was estimated at INR 212.08.

23/02/2022 1 EN

Underlying

Zee Entertainment Enterprises Limited

Zee Entertainment Enterprises is an integrated media and entertainment company engaged in broadcasting and content development, production and distribution of films via satellites. Co. is engaged in Hindi entertainment and movies; English content programming; sports channels and programming; religious and alternate lifestyle programming; music channels; special interest channels; and high definition channels with varied programming in over 169 countries globally. Also, on Zee Bollyworld channel, Co. dubbs or subtitles movies and series in English, French, Arabic, Russian, Mandarin and Melayu- Bahasa.

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INE256A01028 National Stock Exchange of India India

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Increased risk weighs on ZEE ENTERTAINMENT ENTS., penalising its rating down to Neutral

Empowering Investors

MOSL: ZEE ENTERTAINMENT (Neutral)-Weak recovery, viewership loss; margin guidance cut for second quarter in a row

Monthly LMI Update Independent Investment Research

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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