Zee Entertainment stock rises 2% after Q3 PAT rises 50.5%

Shares of Zee Entertainment Enterprises rose 2% in morning trade and was among the top Nifty gainers.The company’s adjusted net profit stood at Rs563cr, up 50.5% yoy and up 45.8% qoq. Revenue and EBITDA came above estimates of Rs2,078cr and Rs670cr, respectively.

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