Zee Media shares surge 8%, hit one-year high; rally 75% in just six sessions

Stock market today: Extending the rally for a fourth straight session during early morning deals on Monday, September 30, Zee Media’s share price touched an intraday high of ₹22.79 apiece on the NSE. While climbing to this intraday high, Zee Media’s share price also touched a new one-year high.

Zee Media share price today opened with an upside gap at ₹22.55 apiece and touched the day’s high of ₹22.79 per share, recording an over 8% intraday gain against its Friday’s close of ₹20.75 per share. However, the stock failed to sustain at higher levels and witnessed profit-taking. Within a few minutes of hitting their one-year high, Zee Media shares made an intraday low of ₹21.79 apiece.