Why are ZEEL shares rising

Today, ZEEL shares have jumped 10%.

Zeel shares have seen a rise after a long time.

ZEEL shares jumped 10.15 percent to reach the day’s high of Rs 146.45. It was last seen at Rs 145.65, up 9.55 percent.

The stock has climbed 13.79 percent in a month.

ZEEL shares jump 10%, rally continues.

Shares of Zee Entertainment Enterprises Limited (ZEEL) registered a sharp jump in Monday’s trade, continuing its strong rally for the second consecutive session.

The stock jumped 10.15 percent to reach the day’s high of Rs 146.45. It was last seen at Rs 145.65, up 9.55 percent. At this price, the stock has climbed 13.79 percent in a month.

Why are ZEEL shares rising

In early March this year, ZEEL promoters had bought about 27 lakh shares from the open market, worth about Rs 27 crore. This increased their stake from 3.99 per cent to 4.28 per cent.

Some brokerages have mixed views on ZEEL. One firm maintained a ‘buy’ rating with a target price of Rs 178, while another gave a ‘neutral’ rating.

Nuvama Institutional Equities expects ZEEL to improve its financial performance with a target EBITDA margin of 18-20 per cent for FY26. The company plans to reduce these losses to 60 per cent after a 50 per cent year-on-year (YoY) reduction in FY25.

In terms of financials, ZEEL reported a significant increase in its cash and cash equivalents as of March 31, 2025. The figures rose 102 per cent to Rs 2,410 crore, representing nearly 19 per cent of its market capitalisation (mid cap).

The domestic brokerage has retained a ‘Buy’ rating on ZEEL and set a target price of Rs 178.

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