- RECORD SINGLE-DAY FALL SINCE AUG 2020
ZEE ENTERTAINMENT SAW its shares go into free fall on Tuesday as investors gave the thumbsdown to the stock following Sony's termination of the proposed $10-billion merger on Monday.
Zee's shares plunged 32.73% on the BSE to ₹155.90 apiece, which is a record single-day fall and the lowest level since August 10, 2020, BSE data shows. The stock has eroded all gains since the proposed merger was announced on December 21, 2021, losing over half its market capitalisation or ₹18,547 crore in two years.
Tuesday's fall saw Zee lose over ₹7,000 crore in market capitalisation. The shares opened 10% lower, the first lower circuit, which was later revised to 15%, 20%, and 25%, analysts tracking the market said.
この記事は Financial Express Mumbai の January 24, 2024 版に掲載されています。
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この記事は Financial Express Mumbai の January 24, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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