ZEEL presented strong Q2 no.s as digitisation adds more scribers so buy ZEEL for target of 300 in 6 months i.e. an upside of 40 rs. from hereon. Below are the results for ZEEL.
ZEEL is Media co. and posted strong results for Q2.
ZEE Entertainment enterprises limited declared results and up from 223.87 cr. to 236.31 cr QoQ and are up from 187.49 cr to 236.31 cr as both Advertising and Subscription revenue rises. Advertisement revenue rises from 530.07 cr. to 583.30 cr. QoQ and up from 528.08 cr to 583.30 cr. YoY
Subscription revenue rises from 424.07 cr to 485.12 cr QoQ and from 394.95 cr. to 485.12 cr YoY.
Total income from Operations rises from 973.25 Cr. to 1101.28 cr. QoQ and rises from 953.50 cr. to 1101.28 cr. YoY.
Other Income stands at 55 cr.
For Balance Sheet please visit at:- http://www.bseindia.com/xml-data/corpfiling/AttachLive/Zee_Entertainment_Enterprises_Ltd_211013.pdf