Stock market analyst Hemen Kapadia has maintained 'sell' rating on Zee Entertainment Enterprises Limited stock with an intraday target of Rs 299.
According to analyst, the interested investors can sell the stock at Rs 305 with a strict stop loss of Rs 308.
Mr. Kapadia said that it's better to sell the stock at the moment, otherwise, it will drop further.
Today, the stock of the company opened at Rs 293.25 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 326 and a low of Rs 228.05 on BSE.