Mid-day movers: Zee Entertainment, Ahluwalia Contracts and Future Supply Chain are the BSE top gainers!
Mid-day movers: Zee Entertainment, Ahluwalia Contracts and Future Supply Chain are the BSE top gainers!

Mid-day movers: Zee Entertainment, Ahluwalia Contracts and Future Supply Chain are the BSE top gainers!

Shares of Zee Entertainment, Ahluwalia Contracts and Future Supply Chain Solutions have rallied in today’s trading session

Abhishek Ranawade Article rating: 5.0

Shares of Zee Entertainment, Ahluwalia Contracts and Future Supply Chain Solutions have rallied in today’s trading session. 

While markets opened above the previous close, as of noon, BSE Sensex was trading lower by 0.46 per cent.  

Zee Entertainment hits the roof, gains over 18 per cent 

Zee Entertainment Enterprises is mainly in the following businesses: Broadcasting of Satellite Television Channels, Space Selling agent for other satellite television channels, and Sale of Media Content. The share has rallied more than 18 per cent in the first half of today's trading session after Invesco drops EGM demand. Invesco, which along with OFI Global China Fund holds a 17.88 per cent stake in Zee Entertainment, however, said if the merger with Sony Pictures Networks India Pvt is not completed as currently proposed, it retains the right to requisition a fresh EGM. 

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