Share price of Zee Ent. falls as Sensex gains 413.31 points

Share price of Zee Entertainment Enterprises Ltd. dropped 1.11 per cent to Rs 338.65 at 12:54PM (IST) in Monday’s trade. The stock hit a high of Rs 345.75 and low of Rs 333.05 so far during the session. The stock had closed at Rs 342.45 in the previous session.

The counter had a total traded volume of 12:54PM shares so far with a turnover of Rs 26.32 crore on BSE. The stock traded at a price-to-earnings multiple of 27.97 and a price-to-book ratio of 1.93.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.