News for Zee Media Corporation Limited (ZEEMEDIA.BO)

Stocks including HCL Technologies, Life of Insurance Corporation, Angel One, Bharat Electronics, Indian Hotels, HDFC AMC, JSW Energy and more will be in the spotlight on Tuesday, January 14.

Private news broadcaster Zee Media on Friday said its consolidated net loss widened to Rs 49.86 crore for the second quarter ended September 2024. The company had posted a net loss of Rs 30.70 crore during the July-September quarter of the previous fiscal, according to a regulatory filing from Zee Media Corporation Ltd (ZMCL).

Zee Media share price: The stock surged 10 per cent to hit a one-year high value of Rs 20.70. At this price, it has gained 48.92 per cent in the past one month.

Zee Media to issue ₹200 crore worth of warrants to foreign investors, strengthening financial position in media landscape.

Domestic benchmark indices Sensex and Nifty closed at fresh record highs on Wednesday, driven by gains in banking and energy stocks. Sensex rose 256 points to settle at 85,169, while Nifty added 64 points to end at 26,004. Despite the highs, market capitalization of all listed companies on the BSE declined by Rs 83,219 crore.

Zee Media Corporation's shares surged 19% to Rs 16.5 after announcing a board meeting on September 27, 2024, to explore fundraising options. The company plans to raise funds through various methods, pending necessary approvals. The stock has risen significantly over the past year, outperforming the Nifty index.

Stocks including HDFC Life Insurance, Tata Power, Easy Trip, Delta Corp, MCX, KEC International, Bazaar Style, Gillette and more will be the spotlight on Wednesday, September 25.

Zee stock surge: Zee Entertainment in an exchange filing today said, both companies had agreed to withdraw all respective claims against each other, in the ongoing arbitration at the Singapore.

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Find here the complete list of firms that are expected to announce their quarterly results on Wednesday, August 7.

Stocks including Tata Steel, Vedanta, Bajaj Finance, Ixigo, Bandhan Bank, Marico, L&T Finance and more may remain under spotlight before the opening bell on Thursday, July 04.

Stocks including Suzlon, Ambuja Cement, Wipro, RITES, Nalco, Sterlite Tech, Purvankara, Cupid, ZMCL and more may remain under spotlight before the opening bell on Friday, June 14.

Get the latest insights on Q4 results of notable companies like Hindalco Industries, Bosch, and Ashok Leyland

Q3 Results 2024: Coal India Ltd, GlaxoSmithKline Pharmaceuticals Ltd, Hindustan Aeronautics Ltd, Maruti Infrastructure Ltd, Shree Ganesh Remedies Ltd, TCI Express Ltd, and Zee Media Corporation Limited (ZEEL) are top companies scheduled to post their Quarter 3 earnings on February 12

Zee Media clarifies that it had no relation beyond TV appearances with external guests involved in trading activities on Zee Business Channel. SEBI has not passed any Order against the Company.

Among broader indices, BSE Midcap, Smallcap and Largecap indices fell 1.6 percent, 0.5 percent and 0.9 percent, respectively.

On the sectoral front, Nifty Media index shed 10 percent, Nifty Realty index down 4.5 percent, Nifty Bank index fell 2.6 percent, and Nifty PSU Bank index down 2 percent. On the other hand, Nifty Pharma index up 1.7 percent.

BSE's Sensex jumped 496.37 points, or 0.70 per cent, to settle at 71,683.23. NSE's Nifty50 surged 160.15 points, or 0.75 per cent, to end the day at 21,622.40 for the day.

The BSE Sensex ended the week up 1.86 percent or 1,239.72 points at 67,838.63, and Nifty50 gained 1.87 percent or 372.35 points to finish at 20,192.30