zee share price: Zee shares crack 15% as brokerages scream sell after Sony terminates merger

zee share price: Zee shares crack 15% as brokerages scream sell after Sony terminates merger

Shares of Zee Entertainment on Tuesday hit the 15% lower circuit at Rs 197 on BSE after brokerages downgraded the media stock following a painful end to an overstretched drama surrounding the $10-billion merger with Sony.“With the merger being called off, we downgrade Zee to SELL (from BUY) with a revised target price of Rs … Read more