Zee Entertainment Enterprises hits 52-week low, underperforms sector by -1.3%

Zee Entertainment Enterprises Ltd, a midcap company in the TV broadcasting and software industry, has recently hit a 52-week low on October 25, 2024. The stock has been given a 'Sell' call by MarketsMOJO, a leading financial analysis and research firm. The stock's price summary shows that it has touched a new low of Rs. 121.1 today and has underperformed the sector by -1.3%. The stock also saw an intraday low of Rs. 121.1, a decrease of 2.54%. Additionally, Zee Entertainment Enterprises is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the past year, Zee Entertainment Enterprises has seen a decline of -50.17%, while the Sensex has shown a positive performance of 24.47%. This indicates that the company's stock has not performed well compared to the overall market. As a midcap company in the TV broadcasting and software industry, Zee Entertainment Enterprises may face challenges in the current market conditions. Investors should carefully consider their options before making any decisions regarding this stock. This information is based on facts and data and does not include any external sources or recommendations.