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    Zee Entertainment shares rise over 12% on promoters stake sale

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    Shares of Zee Entertainment Enterprises on Thursday zoomed over 12 per cent after Essel Group said it is planning to sell 16.5 per cent stake in its flagship firm to meet its loan repayment obligations. The scrip jumped 12.40 per cent to close at Rs 345.25 on the BSE. During the day, it zoomed 14.99 per cent to Rs 353.20. On the NSE, it climbed 11.72 per cent to close at Rs 343. During the trade it advanced 18.56 per cent to Rs 364.

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    The Economic Times