India's Zee Entertainment hits 10-month high as streaming business targets FY26 breakeven

Zee Entertainment Enterprises

23/06/2025 08:11

** Indian broadcaster Zee Entertainment ZEE.NS jumps 9.6% to 145.86 rupees, its highest since August 2024

** Co expects Zee5 streaming platform to achieve EBITDA breakeven in FY26, its investor presentation showed

** Zee5 logged EBITDA loss of 5.48 billion rupees (about $63 million) in FY25

** Stock set to log busiest trading session in 10 months, volumes at 5.3x the 30-day avg

** ZEE up 20% year-to-date

($1 = 86.7590 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

((Manvi.Pant@thomsonreuters.com; +918447554364;))