Do you want to search regarding the future price prediction of Zee Entertainment Enterprises Ltd? If yes then you arrive at the best article about it. Later reading this article you will know about the share price target for 2022, 2023, 2024, 2025, and 2030 also the fundamental and technical research given in this article.
I am a share market trader for 5 years and I am trading zeel for 3 years. I understand the behavior of zeel. I am analyzing this technically and fundamentally. So, without wasting time let’s start.
As we have said earlier, Zee Entertainment is a very good company. The reason behind this is that for the investors, this company has given such a great return in the earlier time interval that no investor shies away from praising the company. Zee Entertainment was listed on NSE and BSE in February 2007. After that, it saw a slight decline in the first year. After this, when the stock started its rally upwards, it never turned back.
While this company was listed at a stock price of ₹115, after that it lowered to about ₹45 in the first year. After this, the company continued to trade upward with small retracement and it continued to trade upwards till February 2018. The listed company at ₹115 hit a high of ₹620 in 2018, which was almost 6 times in 10 years.
ZEEL Share Technical Analysis: In the 1 months of time frame, the zeel follows a basic trend line, and almost more than three times it comes back from the trend line. In July 2022 again tested the trend line and it could be the last test and max possibility to go upside.
In this paragraph, we will talk about the fundamental and technical analysis of Zee Entertainment. We will consider some aspects of Fundamental Analysis below like Net Sales, Net Profit, Price Earning Ratio, Debt, and some other aspects and in Technical Analysis we will talk about the chart as to what kind of chart is And how to trade in this chart. So let us now go towards the fundamental analysis of Zee Entertainment.
1. Net Sales And Net Profit In Quarterly Result
If we talk about the net sales and net profit of Zee Entertainment in the quarterly results, then it is average. You can read this in the following table.
|Quarterly Results||Net Sales||Net Profit|
|MAR 2021||1,820 Cr. in Rs.||437 Cr. in Rs.|
|JUN 2021||1,609 Cr. in Rs.||311 Cr. in Rs.|
|SEP 2021||1,823 Cr. in Rs.||326 Cr. in Rs.|
|DEC 2021||1,964 Cr. in Rs.||378 Cr. in Rs.|
|MAR 2022||2,113 Cr. in Rs.||321 Cr. in Rs.|
2. Net Sales And Net Profit In Annual Result
Net annual sales and net annual profit are very important aspect for any company because if a company does not have sales and profit then how can that company grow? The net sales and net profit data are given in the following table.
|Year||Net Sales||Net Profit|
|2016||4,206 Cr. in Rs.||658 Cr. in Rs.|
|2017||5,024 Cr. in Rs.||968 Cr. in Rs.|
|2018||5,795 Cr. in Rs.||1,911 Cr. in Rs.|
|2019||6,857 Cr. in Rs.||1,655 Cr. in Rs.|
|2020||7,219 Cr. in Rs.||748 Cr. in Rs.|
|2021||6,665 Cr. in Rs.||1121 Cr. in Rs.|
In Zee Entertainment, we have seen that it was in a downtrend for a long time, but now its downtrend has almost come to an end and this stock has given a breakout on the upside and also the other special thing is that the upside The move is in the perfect uptrend and the chances of going down from here are very rare because the upward trend here comes with volume and not without volume. After analyzing zeel share, I am given the predicted share in the following table and below the table, I am given the full explanation of the share price target.
|Year||Target Of ZEEL|
When we read the technical charts we predict two possible targets which the share of ZEEL can attain in the year 2022 first target is around Rs.300 and after attaining these values share price will go down for a while but they will again move in an uptrend because of their product and services demand in Worldwide market and we will predict second possible target which they can cross is around Rs.350.
When we can predict the first target share price for financial the year 2023 is around Rs.469 and after attaining that value they also show a similar trend in the financial year 2023 and show some downward trend again for a while as it is the true characteristic of a share and after recovering from this downfall we can predict the second target for the same year is about or around Rs.619.
In the year 2024, we again going to predict two possible targets the share price of ZEEL which they can attain easily because of their product and services increasing demand in the market which is going to be a basic need product for mankind so, we predict the first possible target is Rs.723 and the second possible target is around Rs.843.
We can predict the first possible target for the financial year 2025 is around Rs.985 and after getting these values of share price they will show some downtrend in the price of the share of ZEEL but after some time they again move in a positive direction which is an uptrend and we can set the second possible target which is the share of this company is find it around Rs.1172.
At the end of this decade, ZEEL can emerge as an awesome Entertainment Company. Its performance is well because of its Work ethic and the way they handle its client that making them attain the number one spot in their respective field which can also reflect by the share price target for ZEEL.. so, we predict the first possible target which they can meet is around Rs.2395 and the second possible target which they can attain is around Rs.2730.
I think you got value in this article and learn about the things that were said at the beginning of the article. If you have any questions about this please ask in the comment.
I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.