Zee Entertainment Rises 4% On Strong Q1 Earnings

Zee Entertainment shares rose as much as 4 per cent to hit fresh 52-week high of Rs 494 after company reported strong June quarter numbers. The Mumbai-based company reported a 22 per cent increase in consolidated net profit at Rs 217 crore for the quarter ended June 30, 2016. The company had posted a consolidated net profit of Rs 178 crore in the same period of the previous fiscal. Total income from operations stood at Rs 1,571.62...