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ZEEL: Tough media environment, weak investment case

Nitin Sharma   •

The company’s anticipated turnaround story has not played out, and it is consistently losing market share. We are stopping our coverage of the stock

ZEEL is facing multiple headwinds, including growth and margin pressure, ongoing consolidation in the industry, advertisement spending shifting to digital media and the popularity of OTTs over linear TV

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More