Zee Media share price in focus after promoter group buys 1.11 crore shares. Do you own?

Zee Media share price will remain in focus on Monday after promoter group acquired significant stake in the company. On Friday, the media company stock fell over 1.85 per cent in the early trading hours to ₹13.25, however, recovered quickly surging to ₹13.47 per share. The stock finally closed at ₹13.42.

According to reports, AUV Innovations LLP, part of the promoter group, has made a notable acquisition in Zee Media Corporation Limited by acquiring 1,11,00,000 shares at an average price of ₹13.6 through open market transactions. The transaction was total valued at ₹1,504 lakhs.