Zee Entertainment Enterprises (ZEEL) shares surged nearly 7%

ZEEL Zee Entertainment Enterprises (ZEEL) shares surged nearly 7% today, hitting ₹69.19 on the BSE—their biggest single-day rise in 20 weeks—driven by anticipation of Q2 results due on October 30. Analysts expect a year-on-year profit decline but strong subscription revenue growth thanks to FIFA-related viewership. 📊 Stock Performance Today Price Movement: ZEEL closed at ₹69.19, up 7.17% from the previous session. 52-Week Range: ₹63.77 (low) – ₹118.40 (high). Year-to-Date Performance: Down 28.21% overall, despite today’s rally. Trading Volume: ~29.83 million shares across NSE & BSE, more than double the 20-day average. 📈 Q2 Earnings Expectations Net Profit: Analysts forecast a 20.34% YoY drop to ~₹60.94 crore. Revenue: Expected at ₹2,145–2,195 crore, up 9–11% YoY. EBITDA: Estimates vary—some expect a 34.6% decline, while others project a 20.5% rise YoY depending on margin assumptions. Advertising Revenue: Likely flat YoY, but up 20% QoQ due to FIFA. Subscription Revenue: Projected to grow 21–25% YoY, driven by sports content.