Sony share price

ZEE Entertainment shares a buy post Sony settlement? Here's stock price target

Aug 28, 2024, 08:57 AM IST

ZEE target price: A lack of any major strategic investor during the recent fund-raise does not inspire confidence, Emkay Global said as it maintained a 'Reduce' on ZEE with a target price of Rs 150 per share.

ZEEL rubbishes 'Rs 2,000 crore hole in books' claim; stock under pressure

Feb 21, 2024, 11:45 AM IST

Sebi reportedly found that around Rs 2,000 crore may have been diverted from the media company.

ZEE-Sony merger talks back on track? ZEE engages with Sony in last-ditch attempt, says report

Feb 20, 2024, 07:40 AM IST

ZEE shares had seen downward revisions in target prices post the terminated of merger deal by Sony. They are down 37.32 per cent in 2024 so far despite recovering some 15 per cent in the last one month.

'As we close chapter on ZEE': Sony's NP Singh on what next for firm in India post breakup

Jan 24, 2024, 02:30 PM IST

Sony and Zee Entertainment Enterprises officially called off the planned media merger after two years of drama and delay, abandoning their effort to create an entertainment giant in Asia’s biggest streaming market.

ZEE-Sony merger: 6 likely reasons for the deal falling through

Jan 23, 2024, 07:52 AM IST

ZEE Entertainment Enterprises: Before the merger was announced, ZEE had two subsidiaries in Russia. Being an American entity, Sony cannot do business with entities linked to Moscow. Even after Sony’s request, Zee did not close or divest it.

CLSA downgrades Zee to 'sell' after Sony terminates merger deal, cuts share price target to Rs 198 from Rs 300

Jan 22, 2024, 06:55 PM IST

With the merger terminated, Zee's valuation will likely decline to 12x PE levels (August 2021) seen prior to the merger announcement, said CLSA

Fate of $10 bn Zee-Sony deal could be decided today. Here's what you should know

Jan 19, 2024, 07:11 AM IST

A media report on Thursday suggested that both Culver Max Entertainment Private Limited (erstwhile Sony Pictures Networks India Private Limited) and ZEE held discussions for the merger completion and that Punit Goenka offered to give up the chief executive role for the merged entity.

Sony merger: ZEE shares rally 7% on report Punit Goenka ready to give up CEO role

Jan 18, 2024, 11:45 AM IST

ZEE shares climbed 7.38 per cent to hit a high of Rs 263.90 on BSE. The stock has been down 8 per cent in the last one month.

Zee Ent Shares Tank 10% On Reports Of Sony Merger Deal Trouble

Jan 09, 2024, 04:04 PM IST

Zee Entertainment witnessed a significant downturn of 10 percent in its share price during the initial trading hours on Tuesday, January 9. This decline follows recent reports hinting at the potential abandonment of its proposed merger with Sony Group. As per reports, Sony Group is contemplating the termination of the merger agreement with Zee Entertainment Enterprises in India. Sources familiar with the matter suggest that the cancellation is attributed to a deadlock regarding the leadership of the merged entity, particularly concerning whether Zee's CEO, Punit Goenka, who is also the founder's son, would head the joint venture. Zee Share price are trading at ₹251, a loss of 9.5% at early trading hours.

Zee shares trim losses after clarification on Sony merger; details here

Jan 09, 2024, 01:45 PM IST

The stock was last seen trading 3.26 per cent lower at Rs 268.40. This was against a sharp 12.67 per cent drop recorded during the early trading session today.

ZEE falls 13% amid report Rs 340 crore worth shares change hands in large trade

Jan 09, 2024, 10:38 AM IST

ZEE share price: The stock tanked 12.66 per cent to hit a low of Rs 242.30, as Bloomberg in a report suggested that the Japan-based Sony Group Corp was planning to call off the merger of its India unit with ZEE.