India's Zee Learn shares rise after lenders withdraw insolvency proceedings
Thu 05:43
BUZZ-India's Zee Learn shares rise after lenders withdraw insolvency proceedings ** Shares of India's Zee Learn ZEEE.NS up 5% to 8.40 rupees, highest level since Oct 2025
** Education co's stock set for fifth straight session of gains, if advances hold
** Asset Care & Reconstruction Enterprise Ltd (ACRE) and Yes Bank decided to withdraw insolvency case filed against Zee Learn
** Yes Bank had claimed a default of 4.68 billion rupees by the Essel Group, of which Zee Learn is a part of
** Technical indicators show stock has entered overbought territory
** Stock up 15.38% YTD
(Reporting by Saikeerthi in Bengaluru)
((Saikeerthi@thomsonreuters.com; (+91) 8296756080))
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