Plutus Wealth Management Acquires 0.63% Stake in Zee Entertainment Worth Rs 165.03 Crore

29 Dec 2023 , 02:13 PM

Investment firm Plutus Wealth Management LLP acquires 61,10,797 equity shares, constituting a 0.63 percent stake in Zee Entertainment Enterprises Ltd.

Open market transactions valued at Rs 165.03 crore, with an average share price of Rs 270.07.

Zee Entertainment shares traded flat at Rs 274, which is a 1.62% hike than previous close. Market cap of Zee Entertainment rises to Rs 26,169 crore, with a 52-week high of Rs 299.50 on December 12, 2023, and a low of Rs 172.25 on June 20, 2023.

One-year performance sees a 13.41 percent gain, while the stock has risen 11.62 percent since the beginning of the year. In a month, the stock climbed 8.73 percent.

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