Latest news with #ZeeEntertainment
Time of India
5 days ago
- Business
- Time of India
Punit Goenka reloads Zee with Bullet and OTT focus. Can he beat mighty rivals?
While the battle for eyeballs is intensifying, Zee is playing the long game — and for now, investors are watching with renewed interest. (Originally published on Jun 26, 2025, 05:00 AM IST ) For much of the past decade, Zee Entertainment was a horror show for investors – a failed merger, sliding profitability, challenges from evolving technology and intense competition. When many had thrown in the towel, Punit Goenka from the founding family is back, not promising the moon, but a win in the competitive arena. The stock surged nearly 10% on Monday, hitting INR146.80 — a rare high point for CEO and promoter Goenka, who's been under
Economic Times
23-06-2025
- Business
- Economic Times
Zee Entertainment shares zoom 10%, hit 10-month high on plans to achieve EBITDA loss breakeven
The shares of Zee Entertainment zoomed as high as 10.4% to touch their intraday and a 10-month high of Rs 146.80 on the BSE today after the company announced its plans to achieve breakeven in Z5 (Zee 5) from EBITDA losses of Rs 548 crore in FY25. ADVERTISEMENT The company is setting an ambitious agenda for the current financial year, with a focus on achieving breakeven in its digital business, Z5 or Zee5, which posted an EBITDA loss of Rs 548 crore in FY25. The company is also targeting a TV viewership share of 17.5%, up from 16.8% in the previous fiscal. In a bid to recover from an 11% drop in stock value last year, Zee is aiming for an 8–10% increase in advertising revenue during FY26. The broadcaster also expects operating margins to improve, setting a guidance range of 18–20%, compared to the 14.6% margin recorded in Zee intends to unlock further value through its music and syndication business. The company is also strengthening its financial position through increased liquidity. As of March 2025, Zee's cash and reserves stood at Rs 2,406 crore. To enhance its capital base further, the board has approved the issuance of fully convertible warrants worth Rs 2,237 crore. ADVERTISEMENT Full execution of business plans: Zee plans to intensify its focus on executing its business strategy to achieve 100% of its operational targets. Zee plans to intensify its focus on executing its business strategy to achieve 100% of its operational targets. Strengthen human capital: Efforts will be made to augment human resource capabilities to effectively support the company's business objectives. Efforts will be made to augment human resource capabilities to effectively support the company's business objectives. Ongoing competitive and market assessment: The company will regularly and systematically evaluate competitive scenarios and market opportunities. The company will regularly and systematically evaluate competitive scenarios and market opportunities. Enhance risk-free treasury income: Maximizing income from risk-free treasury operations will be a key part of Zee's financial strategy. Around noon today, the shares of Zee Entertainment were trading 9.6% higher at Rs 145.75 on the BSE. ADVERTISEMENT Also read: HDB Financial Services GMP at 6.3% ahead of IPO. What should investors do? (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
23-06-2025
- Business
- Time of India
Zee Entertainment shares zoom 10%, hit 10-month high on plans to achieve EBITDA loss breakeven
The shares of Zee Entertainment zoomed as high as 10.4% to touch their intraday and a 10-month high of Rs 146.80 on the BSE today after the company announced its plans to achieve breakeven in Z5 (Zee 5) from EBITDA losses of Rs 548 crore in FY25. The company is setting an ambitious agenda for the current financial year, with a focus on achieving breakeven in its digital business, Z5 or Zee5 , which posted an EBITDA loss of Rs 548 crore in FY25. The company is also targeting a TV viewership share of 17.5%, up from 16.8% in the previous fiscal. In a bid to recover from an 11% drop in stock value last year, Zee is aiming for an 8–10% increase in advertising revenue during FY26. The broadcaster also expects operating margins to improve, setting a guidance range of 18–20%, compared to the 14.6% margin recorded in FY25. Additionally, Zee intends to unlock further value through its music and syndication business. The company is also strengthening its financial position through increased liquidity . As of March 2025, Zee's cash and reserves stood at Rs 2,406 crore. To enhance its capital base further, the board has approved the issuance of fully convertible warrants worth Rs 2,237 crore. Zee Entertainment has also identified the following strategic priorities for the financial year 2025–26: Full execution of business plans: Zee plans to intensify its focus on executing its business strategy to achieve 100% of its operational targets. Strengthen human capital: Efforts will be made to augment human resource capabilities to effectively support the company's business objectives. Ongoing competitive and market assessment: The company will regularly and systematically evaluate competitive scenarios and market opportunities. Enhance risk-free treasury income: Maximizing income from risk-free treasury operations will be a key part of Zee's financial strategy. Around noon today, the shares of Zee Entertainment were trading 9.6% higher at Rs 145.75 on the BSE. Also read: HDB Financial Services GMP at 6.3% ahead of IPO. What should investors do? ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
India Today
17-06-2025
- Business
- India Today
Stocks to watch on June 17: TCS, HCLTech, Zee, Biocon, Hyundai, ICICI Bank, NTPC
Even as tensions in the Middle East continue between Israel and Iran, the stock market saw gains on Monday, supported by strong performance in large-cap seemed focused on long-term growth despite the uncertain global environment. On Tuesday, several stocks will be in focus due to company announcements and other key include Tata Consultancy Services (TCS), HCL Technologies, Zee Entertainment, Biocon, Hyundai Motor India, ICICI Bank, NTPC, Vishal Mega Mart and Bata India on Sensex and Nifty. HCL TECHNOLOGIESHCLTech has entered into a strategic multi-year partnership with a large energy company based in Europe. The deal will see HCLTech building a new private cloud for and managing cloud and network services across its global operations. This move is expected to help handle its IT needs more efficiently and support its digital CONSULTANCY SERVICES (TCS)TCS has joined hands with the Council of Europe Development Bank (CEB) to improve the bank's operational systems. As part of this partnership, TCS will bring in its BaNCS platform for Reconciliations. This technology will use artificial intelligence to simplify and automate the bank's transaction matching and data checking BANKThe Reserve Bank of India has approved the reappointment of Sandeep Batra as Executive Director of ICICI Bank for another two years. His new term will begin on December 23, 2025. The reappointment is subject to approval from the bank's MEGA MARTPromoter firm Samayat Services is set to sell up to Rs 9,896 crore worth of shares in Vishal Mega Mart through block deals, according to a report by CNBC-TV18. The size of the sale has increased from an earlier plan of Rs 5,057 crore. The floor price for the share sale has been fixed at Rs 110 per has launched its qualified institutions placement (QIP) process to raise funds. The floor price for the issue is set at Rs 340.20 per share. As per reports, the company plans to raise around Rs 4,500 crore through this QIP. The money is likely to be used to support business growth and reduce NTPC has said it will consider raising up to Rs 18,000 crore through bonds. The decision will be taken in a meeting scheduled for June 21. The funds will be used for business needs, including project financing and working MOTOR INDIAHyundai has started production of passenger vehicle engines at its plant in Talegaon, Maharashtra. The move is part of the company's plan to expand its manufacturing base in ENTERTAINMENTThe board of Zee Entertainment has approved the issue of up to 16.95 crore fully convertible warrants to entities in the promoter group. These warrants will be issued on a preferential basis at a price of Rs 132 each, helping the company raise a total of Rs 2,237.44 crore. The funds may be used for future business needs and INDIAThe Bata Group has announced a new global CEO. Panos Mytaros will take over the top role, replacing Sandeep Kataria, who led the company since 2020. Mytaros brings global experience and is expected to lead the company through its next phase of growth. advertisement
Time of India
17-06-2025
- Business
- Time of India
Sony Pictures sharpens India focus amid M&E shake-up
Synopsis Sony Pictures Entertainment is increasing its investment in the Indian media and entertainment sector, driven by economic and population growth. Following a failed merger with Zee Entertainment, SPNI is focusing on strengthening content production, digital platforms like SonyLIV, and distribution partnerships under new leadership. Recent investments include cricket rights and a revamp of Sony Entertainment Television's programming to boost viewership.
