ZEE ENTERTAINMENT

fell by 3.3% to their day’s low of Rs 105.65 on the BSE on Friday, October 17, following the announcement of its second-quarter financial results for FY26, which revealed a sharp decline in profitability. The media company reported a 63% year-on-year (YoY) drop in consolidated net profit, after which domestic brokerage firm Nuvama revised the stock’s target price downwards. Zee’s PAT fell to Rs 76.5 crore in Q2FY26, compared to Rs 209.4 crore in the corresponding quarter of the previous year.