Zee Media Corporation Ltd (NSE: ZEEMEDIA) Share Price: The share price of Zee Media Corporation is in the spotlight during trading on Tuesday.
The share of the company was up to an upper range of 5 percent on Tuesday and it had climbed to an intraday high of Rs 19.
In reality, the stock of Zee Media Corporation was up on Tuesday following the purchase of the foreign portfolio investors (FPIs) which include the Mauritius-based Unico Global Opportunities Fund, purchased stakes in the company.
What Is The Detail?
Zee Media Corporation has allotted 13.33 crore fully convertible warrants to three FPIs: Unico Global Opportunities Fund Limited, Ebisu Global Opportunities Fund Limited, and AL Maha Investment Fund PCC Onyx Strategy.
This company allotted 4.5 crore warrants to the Unico Global Opportunities Fund and Ebisu Global Opportunities Fund, and 16.24 crore warrants have been assigned to the AL Maha Investment Fund PCC – Onyx Strategy.
Zee Media Corporation Stock Price
The price of shares at Zee Media has dropped more than 5 percent in one month, however, the stock has risen by more than 47 percent in the past 3 months and has provided an annual year-to-date (YTD) increase of percent.
The price of shares at Zee Media has risen by more than 27 percent over the year, and more than 53 percent over three years.
The stock has increased by 65 percent over the past six months. The share of the company has the 52-week highest price which is Rs 26.29 and an average 52-week low of Rs 10.
The market capitalization that the business has is Rs 1264.62 crore.
Quick Fact
| Company name | Zee Media |
|---|---|
| Recent price move | 5% rise on Tuesday |
| Intraday high | ₹19 |
| Major investors | Foreign Portfolio Investors (FPIs) |
| Key FPIs | Unico Global Opportunities Fund, Ebisu Global Opportunities Fund, AL Maha Investment Fund PCC Onyx Strategy |
| Warrants issued | 13.33 crore fully convertible |
| Unico & Ebisu warrants | 4.5 crore each |
| AL Maha warrants | 16.24 crore |
| Recent monthly change | 5% decrease |
| Last 3 months | 47% increase |
| Last year growth | 27% increase |
| Past 6 months | 65% increase |
| Past 3 years | 53% increase |
| Market capitalization | ₹1264.62 crore |
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