Promoters elevated stake in Zee Leisure, Nuwama expects 78% rise in inventory – INA NEWS

Zee Leisure Enterprises Inventory Worth: Shares of media and leisure sector firm G Leisure Enterprises might present as much as 78 p.c additional. Nuwama has expressed such hope. Brokerage says the promoters of the corporate have elevated their stake. The promoters of Zee Leisure purchased round 27 lakh shares of the corporate by means of the open market, which prices round Rs 27 crore. This elevated his whole stake from 3.99 p.c to 4.28 p.c. Nuwama wrote in his notice that this can enhance the belief of Minority Buyers.

Nuwama has anticipated Zee Leisure inventory to achieve the value of Rs 185 within the subsequent 12 months. The ranking is “bye”. The goal value reveals the opportunity of climbing 78% from the present value of the share. The inventory has an increase on 7 March. On the BSE, the value within the day jumped as much as 6.6 p.c from the final closed value to Rs 104.66. On the closure of the enterprise, the inventory gained almost 6 p.c to settle at Rs 103.89.

Subscription income robust with growth in 7 consecutive quarters

Nuwama’s notice states that the subscription income of Zee Leisure elevated within the December quarter. On this method the subscription income stays robust with growth in 7 consecutive quarters. Promoting income is at present weak, however might start to recuperate by the second quarter of FY 2025–26 as a consequence of enchancment in city demand.

The corporate’s focus is at present on 4 vertical-linear, digital, films and music. In keeping with Nuwama’s notice, gaming is one other alternative, which G Leisure is evaluating and can also be open for inorganic alternatives resembling acquisitions. Out of 20 analysts protection on Zee Leisure, 10 have given a “by” ranking for shares. On the identical time, 5 has rated “maintain” and 5 “SAIL”.

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35 p.c rolled share in a 12 months

Zee Leisure Enterprises shares have dropped 35 p.c within the final one 12 months. To date within the 12 months 2025, the value has come down 15 p.c. On the identical time, it has strengthened 11 p.c in every week. The corporate’s market cap is greater than Rs 9900 crore. The inventory created a brand new 52 -week low of Rs 89.29 on BSE on 4 March 2025.

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