Zee Entertainment Experiences Surge in Trading Volume Amid Market Activity
Zee Entertainment Enterprises Ltd (ZEEL) experienced notable trading activity, with a volume of over 17 million shares and a market capitalization of Rs 13,741.19 crore. The stock's performance today included a significant intraday increase, reflecting strong investor participation and liquidity in the market.
Zee Entertainment Enterprises Ltd (ZEEL), a prominent player in the Media & Entertainment sector, has shown significant trading activity today. The stock recorded a total traded volume of 17,472,980 shares, with a total traded value of approximately Rs 24,843.08 lakhs. Opening at Rs 136.91, ZEEL reached a day high of Rs 145.0, reflecting a notable intraday increase of 5.49%. The stock's last traded price stands at Rs 143.96, marking a 4.15% return for the day, which outperformed the sector's average return of 1.36% and contrasted with the Sensex's decline of 0.27%.In terms of moving averages, ZEEL is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. The stock has also seen a rise in investor participation, with delivery volume on July 11 reaching 93.83 lakhs, up 27.12% compared to the 5-day average. With a market capitalization of Rs 13,741.19 crore, ZEEL continues to demonstrate liquidity, suitable for trade sizes around Rs 5.4 crore. Overall, the stock's performance today highlights its active engagement in the market.
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