India's Zee Entertainment hits five-month low after Q2 profit plunges

Zee Entertainment Enterprises

17/10/2025 05:42

** Shares of broadcaster Zee Entertainment Enterprises ZEE.NS fall 2.5% to 106 rupees, lowest since May 7

** Co's Q2 profit more than halves

** Co says its full-year profit margin and advertising growth targets look challenging to meet

** UBS says Q2 earnings were a miss across the board, adds that it remains cautious as companies shift their spending for advertisements to digital media

** CLSA cuts their estimates for FY26-28 after disappointing earnings

** Stock rated "buy" on avg by analysts covering it; median PT at 140 rupees - LSEG data

** YTD, ZEE down about 12%

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))