ZEE ENTERTAINMENT ENTERPRISES SHARE PRICE TARGET OF 2023,2024,2025 TO 2030

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Zee Entertainment Enterprises, formerly known as Zee Telefilms, is a media conglomerate based in Mumbai, India. It has a diverse portfolio encompassing television, print, internet, film, mobile content, and related businesses. With its headquarters in Mumbai, Zee Entertainment Enterprises operates a global network of 45 channels.

Starting with the introduction of India’s initial private satellite TV channel in 1992, ZEE has now expanded its reach to 1.3 billion viewers worldwide via both traditional and digital platforms. Currently, ZEE stands as the ultimate global entertainment destination, supported by a unified team that produces and delivers exceptional content.

Zee Entertainment Enterprises specializes in three main industries: selling space to other satellite television channels, broadcasting satellite television channels, and selling media content, such as programs, film rights, feeds, and song rights.

This article examines Zee Entertainment Enterprises share price objective from 2023 to 2030 and assesses whether it is a promising stock to take into account for investment.

LATEST NEWS ABOUT ZEE ENTERTAINMENT ENTERPRISES

After NCLT postponed the hearing on the merger with Sony, ZEE stock increased by 9%.
Zee Entertainment is one of the ten stocks that have surpassed the 50-day Simple Moving Average (SMA).
Zee Entertainment shares experience a 3% surge subsequent to the company’s announcement of settling all outstanding dues.

HOW TO BUY ZEE ENTERTAINMENT ENTERPRISES SHARES ?

You can buy Zee Entertainment Enterprises shares from the following trading platforms:

Zerodha
Upstox
Groww
AngleOne
ICICIDirect

SHARE PRICE PREDICTION OF ZEE ENTERTAINMENT ENTERPRISES SHARES: 2023 To 2030

SHARE PRICE TARGET 2023 OF ZEE ENTERTAINMENT ENTERPRISES

When	Maximum Price	Minimum Price
July 2023	₹216.30	₹196.64
August 2023	₹220.63	₹200.57
September 2023	₹225.70	₹205.18
October 2023	₹219.13	₹199.21
November 2023	₹223.51	₹203.19
December 2023	₹230.21	₹209.29

Zee Entertainment, with a market capitalization of ₹19,801 Cr., is eyeing a share price target in 2023. Considering the projected growth and current stock price-to-earnings (P/E) ratio of 259, there are positive expectations for the company’s performance.

In July 2023, the share price reached a maximum of ₹216.30 and a minimum of ₹196.64,indicate a growth range of approximately 10.0% from the current stock price. In August 2023, the share price is expected to rise further, with a maximum target of ₹220.63 and a minimum target of ₹200.57. The growth trend continues in September 2023, with a maximum target of ₹225.70 and a minimum target of ₹205.18.

By October 2023, the share price may experience a slight dip, reaching a maximum of ₹219.13 and a minimum of ₹199.21. However, the upward trajectory resumes in November 2023, with a maximum target of ₹223.51 and a minimum target of ₹203.19.

The year concludes on a positive note for ZEE Entertainment, with December 2023 showing further growth potential of around 10.0% from the current stock price. The maximum projected share price for that month is ₹230.21, while the minimum target is ₹209.29. Overall, based on the provided data, ZEE Entertainment’s share price is expected to demonstrate a consistent growth percentage throughout 2023.

SHARE PRICE TARGET 2024 OF ZEE ENTERTAINMENT ENTERPRISES

When	Maximum Price	Minimum Price
January 2024	₹242.33	₹210.72
February 2024	₹263.40	₹229.05
March 2024	₹266.06	₹231.36
April 2024	₹241.88	₹210.33
May 2024	₹201.56	₹175.27
June 2024	₹241.88	₹210.33
July 2024	₹205.59	₹178.78
August 2024	₹226.15	₹196.66
September 2024	₹237.46	₹206.49
October 2024	₹279.37	₹242.93
November 2024	₹293.34	₹255.07
December 2024	₹299.20	₹260.18

Starting in January, the share price target range is projected to be between ₹210.72 and ₹242.33, indicating a potential growth percentage of approximately 15.0% from the current stock price. This upward trend continues in February 2024, with a maximum target of ₹263.40 and a minimum target of ₹229.05. As we move into April, the share price target is projected to be between ₹210.33 and ₹241.88, representing a growth range of about 14.0%.

The share price in May 2024 experiences a more significant decline, reaching a maximum of ₹201.56 and a minimum of ₹175.27. However, June 2024 shows a recovery, with the share price returning to the levels observed in April. July 2024 sees a modest increase, with a maximum target of ₹205.59 and a minimum target of ₹178.78. August 2024 witnesses a further rise, with a maximum projected share price of ₹226.15 and a minimum of ₹196.66.

As we approach the end of the year, Zee Entertainment’s share price target for October is expected to be between ₹242.93 and ₹279.37, representing a growth potential of about 16.0%. November’s range of ₹255.07 to ₹293.34 suggests a growth percentage of around 15.0%. Finally, December’s target range of ₹260.18 to ₹299.20 indicates a growth potential of approximately 15.0%.

These projected growth percentages highlight an optimistic outlook for Zee Entertainment’s share price in 2024, showcasing the company’s potential for sustained positive performance and providing potential opportunities for investors.

SHARE PRICE TARGET 2025 OF ZEE ENTERTAINMENT ENTERPRISES

When	Maximum Price	Minimum Price
January 2025	₹305.19	₹234.76
February 2025	₹321.25	₹247.11
March 2025	₹337.31	₹259.47
April 2025	₹301.17	₹231.67
May 2025	₹273.79	₹210.61
June 2025	₹301.17	₹231.67
July 2025	₹286.83	₹220.64
August 2025	₹298.78	₹229.83
September 2025	₹313.72	₹241.32
October 2025	₹332.54	₹255.80
November 2025	₹355.82	₹273.71
December 2025	₹362.94	₹279.18

Looking ahead to 2025, Zee Entertainment has established its share price target, indicating potential growth opportunities throughout the year. In January, the share price target is projected to range between ₹234.76 and ₹305.19, suggesting a growth percentage of approximately 30.0% from the current stock price. February’s target range expands to ₹247.11 to ₹321.25, representing a growth potential of around 30.0%.

However, April 2025 may witness a slight dip in the share price, with a maximum of ₹301.17 and a minimum of ₹231.67. May 2025 sees a further decline, reaching a maximum of ₹273.79 and a minimum of ₹210.61. June 2025 mirrors the price levels observed in April.

July 2025 shows a modest increase, with a maximum target of ₹286.83 and a minimum target of ₹220.64. August 2025 witnesses a gradual rise, with a maximum projected share price of ₹298.78 and a minimum of ₹229.83. September 2025 maintains the upward trend, with a maximum target of ₹313.72 and a minimum target of ₹241.32.

Moving forward, the share price target for October is expected to be between ₹255.80 and ₹332.54, representing a growth potential of about 30.0%. November’s range of ₹273.71 to ₹355.82 indicates a growth percentage of approximately 30.0%. Finally, December’s target range of ₹279.18 to ₹362.94 highlights a growth potential of around 30.0%.

ZEE ENTERTAINMENT ENTERPRISES SHARE PRICE PREDICTION 2026-2030

Year	Maximum Price	Minimum Price
2026	₹254.06	₹177.84
2027	₹215.95	₹151.16
2028	₹388.71	₹272.09
2029	₹798.46	₹558.92
2030	₹889.20	₹622.44

Looking ahead to the future, the share price targets for Zee Entertainment in the coming years indicate significant growth potential. In 2026, the maximum price target is projected to reach ₹254.06, while the minimum price target is anticipated to be ₹177.84.Moving on to 2027, the maximum price target is expected to be ₹215.95, while the minimum price target is projected at ₹151.16.

In 2028, the share price target range expands significantly, with the maximum price projected to reach ₹388.71 and the minimum price anticipated to be ₹272.09.

The maximum price target is projected to reach ₹798.46, while the minimum price target is anticipated to be ₹558.92, in 2029.

In 2030, Zee Entertainment’s share price target continues to show strong growth. The maximum price target is projected at ₹889.20, while the minimum price target is expected to be ₹622.44. These targets indicate a substantial increase in value and represent the continued positive trajectory for Zee Entertainment.

FINANCIAL CONDITION OF ZEE ENTERTAINMENT ENTERPRISES : LAST 5 YEARS

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Sales	7,934	8,130	7,730	8,189	8,088
Expenses	5,370	6,870	6,123	6,471	6,981
Operating Profit	2,564	1,260	1,606	1,718	1,107
OPM %	32%	15%	21%	21%	14%
Other Income	236	112	-29	-12	-252
Interest	130	145	57	45	70
Depreciation	235	271	265	246	313
Profit before tax	2,434	956	1,256	1,416	471
Tax %	36%	45%	37%	32%	90%
Net Profit	1,567	525	793	956	48
EPS in Rs	16.32	5.48	8.33	10.04	0.5
Dividend Payout %	21%	5%	30%	30%	0%

Note: All figures are in Crore INR (except EPS) and “OPM” refers to Operating Profit Margin.

Over the past 5 years, the company’s sales figures experienced minor fluctuations, ranging from 7,730 to 8,189. Similarly, expenses varied between 6,123 and 6,981.

The operating profit showed some volatility as well, starting at 2,564 in March 2019, declining to 1,260 in March 2020, and then gradually recovering to 1,718 in March 2022. However, by March 2023, the operating profit decreased to 1,107. The operating profit margin percentage (OPM %) ranged between 15% and 32% during this period.

Earnings per share (EPS) followed a similar pattern, with the highest value of 16.32 in March 2019, followed by a decline to 5.48 in March 2020, and subsequent recovery to 10.04 in March 2022. However, by March 2023, the EPS dropped significantly to 0.5.

Lastly, the dividend payout percentage represents the portion of net profit distributed as dividends. ZEE Entertainment’s dividend payout percentage varied between 0% and 30% during this period, with the highest recorded in March 2021.

Overall, the financial data indicates that Zee Entertainment experienced fluctuations in sales, profits, and other financial metrics during the mentioned period.

FAQS

WHAT HAS BEEN THE TREND IN ZEE ENTERTAINMENT’S EARNINGS PER SHARE (EPS)?

Zee Entertainment’s EPS followed a pattern of decline, recovery, and then significant drop. It started at 16.32 in March 2019, declined to 5.48 in March 2020, and gradually recovered to 10.04 in March 2022. However, by March 2023, the EPS dropped significantly to 0.5.

HOW HAS ZEE ENTERTAINMENT’S SALES PERFORMANCE EVOLVED OVER THE YEARS ?

Zee Entertainment’s sales figures have shown minor fluctuations during the period from March 2019 to March 2023, ranging from 7,730 to 8,189.

WHAT IS THE SHARE PRICE TARGET OF ZEE ENTERTAINMENT ENTERPRISES FOR 2025?

Zee Entertainment share price might reach around ₹362.94 by the end of 2025.

HOW HAS ZEE ENTERTAINMENT’S OPERATING PROFIT MARGIN (OPM) TRENDED OVER THE PAST FIVE YEARS?

The operating profit margin percentage (OPM %) of Zee Entertainment ranged between 15% and 32% during this period.

WHAT IS THE SHARE PRICE TARGET OF ZEE ENTERTAINMENT ENTERPRISES FOR 2030?

Zee Entertainment share price might reach around ₹889 by the end of 2030.

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CONCLUSION

Based on the financial information provided, investing in Zee Entertainment requires careful consideration as its profitability, as measured by net profit and EPS, experienced fluctuations over the last five years. While the net profit increased over time until March 2022, it significantly declined by March 2023. This indicates the need for careful evaluation of the company’s overall financial health and sustainability of its profit generation.

These trends indicate potential challenges and uncertainties within the company. Investors should closely monitor Zee Entertainment’s financial performance and assess its ability to sustain profitability and generate consistent returns.

Sonam