Short Term Buy Call For Zee News

Short Term Buy Call For Zee NewsStock market analyst Sanjay Surekha of Karuna Financials has maintained 'buy' rating on Zee News Ltd stock with a short term target of Rs 20.

According to analyst, the interested investors can buy the stock with stop loss of Rs 13.

The analyst added that the said target can be achieved in a period of one month.

Today, the stock of the company opened at Rs 16.25 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 20.85 and a low of Rs 10.63 on BSE.

Current EPS & P/E ratio stood at 1.57 and 10.4095 respectively.

Zee News Ltd is involved in the biz of news transmission, current matters and regional entertainment satellite TV channels transmitted from India.

It is engaged in the biz of invention and broadcasting of TV software.

Various channels functioned by Zee News Ltd include Zee Business, Zee News, Zee News UP, Zee Punjabi, Zee 24 Taas, Zee 24 Gantalu and Zee Tamil.

Besides, Zee Akaash News Pvt Ltd, a company in which Zee News holds a 60% stake, runs 24 Ghanta Bengali news channel.

The company's arm consists of Zee Aakash News Pvt Ltd.