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Thursday, April 23, 2020

Zee Entertainment shares surge 10% why ??

Zee Entertainment shares surge 10% after Florida Retirement System picks up stake

Share price of Zee Entertainment Enterprises jumped 10 percent intraday on April 23 after Florida Retirement System (FRS) bought little more than half a percent stake in the company on April 22.

The stock price touched upper circuit of Rs 166.65 per share and was quoting at Rs 166.65, up Rs 15.15, or 10.00 percent. There were pending buy orders of 121,962 shares, with no sellers available.

Source : MoneyControl