Zee Media Corporation share price rises 4% on fundraise Buzz

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Stock Market Today: Zee Media Corporation share price gained more than 4% in the morning trades on Tuesday. The company will be exploring available options for raising of funds to the tune of up to 400 crore

Zee Media Corporation share price opened at 19.40 on the BSE on Tuesday, around 2% higher that the previous closing price of 19.00. The Zee Media Corporation share price thereafter gained further to intraday highs of 19.85 during the monrning trades on Tuesday, which translated in to gains of more 4% and almost 4.5%.

Zee Media Corporation informing the exchanges on the outcome of meeting of the Board of Directors of the Company held on Monday January 13, 2025, said that the Board has approved exploring available options for raising of funds to the tune of up to 400 crore.

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