menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Motilal Os...
source image

Bloomberg Quint

1M

read

147

img
dot

Image Credit: Bloomberg Quint

Motilal Oswal Maintains 'Neutral' Stance On Zee Entertainment Shares, But Hikes Target Price — Here's Why

  • Motilal Oswal maintains a 'Neutral' stance on Zee Entertainment shares but has increased the target price to Rs 150.
  • The company's promoters will invest about Rs 22.4 billion over 18 months through the issuance of 169.5 million fully convertible warrants at a price of Rs 132 per warrant.
  • Following a strategic review of Zee's growth plans and market perception by a banker, the Board has approved boosting promoter shareholding through the issuance of fully convertible warrants.

Read Full Article

like

6 Likes

For uninterrupted reading, download the app