As part of our Wealth Creator Series , today we look at Zee Entertainment. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
Zee Entertainment has a bouquet of 12 channels beaming into Indian homes. Enjoying a market share of 17 per cent, Zee Ent. looks promising as strong growth in subscription revenue is expected to continue with mandatory digitisation. It is also renegotiating DTH contracts with Dish TV starting Q1FY13. Currently, the company has a clean debt-free balance sheet with cash and investments of over Rs 1,128 crore.