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Zee Entertainment's Execution Of Aspirational Goals Key To Re-Rating, Says PL Capital, Retaining 'Buy'
PL capital retains Buy on Zee stock with a target price of Rs 179.
04 Jul 2025, 11:53 AM IST 
Out of the total preferential proceeds of ~Rs 22.4 billion, Zee plans to deploy ~Rs 10 billion towards building new businesses, ~Rs 7.1 billion towards inorganic expansion while the balance will be utilized for general and corporate purposes.
(Photo: Glenn-Carstens Peters/ Unsplash)
PL Capital cuts Zee's FY27E EPS estimates by 4% as it account for dilution impact resulting from issuance of ~169.5 million fully convertible warrants at a price of Rs 132 on a preferential basis to entities forming part of the promoter group.
