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Against a closing value of Rs 231.75 on Friday, ZEE shares fell 29.98 per cent to hit a low of Rs 162.25 on BSE. This was the fresh 52-week low level for the stock, which hit a 52-week high of Rs 299.50 last month on December 12.
The Japanese media giant’s local unit has sent a termination letter to Zee Entertainment Enterprises Ltd. What probably sank the deal was the insistence by Punit Goenka, Zee’s chief executive officer, that he should lead the post-merger entity. ....
Zee Entertainment Enterprises Ltd (ZEEL) tumbled over 33% Tuesday and touched its 52-week low of Rs152.50 on NSE following a termination letter sent by Sony to call off the merger ....
Zee Entertainment Enterprises Ltd (ZEEL) tumbled over 33% Tuesday and touched its 52-week low of Rs152.50 on NSE following a termination letter sent by Sony to call off the merger ....