Why ZEEL is up by 20% ?
Stock that made buzz on Dalal street today is ZEEL (Zee Entertainment Enterprise Limited)! If you are tracking the markets then you must have heard and wondering about how it moved 20% up today when Indices were trading lower. So what happened ? So as per the reports from Invesco Developing Markets Fund, Zee Entertainment Enterprises’ largest shareholder, it had decided not to pursue an extraordinary general meeting (EGM) to add six independent directors as Zee’s merger with Sony will…