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Top News In Zee Hindustan Today - Breaking & Trending Today

zee share price: Zee shares crack 10% as brokerages scream sell after Sony terminates merger

Zee Entertainment shares hit the lower circuit as brokerages downgrade the stock after the cancellation of the merger with Sony. CLSA downgraded Zee to sell and mentioned the reported merger of Reliance and Disney Star as a competition. Nuvama and Elara also downgraded the stock, reducing the target price. Motilal Oswal downgraded Zee to neutral. Zee s near-term valuation is expected to stay suppressed due to uncertainties around its new strategy, litigation with Sony, and competition from digital media. ....

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Analysts reduce price targets for Zee post Sony merger deal termination

Factors like weak competitive positioning, corporate governance issues, and precarious financial health have made analysts bearish on Zee Entertainment Enterprises as the proposed $10 billion merger with Sony has been called off ....

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Sony pulls plug on $10bn merger with Zee, seeks $90m termination fees

India Business News: Sony Corp terminates the $10 billion merger between its India unit and Zee Entertainment Enterprises due to unmet conditions. Disagreements over leade ....

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