Media Stocks: A mix of volatility & stability

The past week saw a mix of volatility and stability in media stocks, with NDTV and ZMCL showing strong upward
momentum, while others like ZEEL and Network18 remained relatively range-bound.

Here’s a detailed look at how key media stocks performed.

ZEEL

ZEEL opened the week at ?97.43 and dropped to its lowest point of ?96.35 during the same day. The stock rebounded to a weekly high of ?101.77 on Friday before closing at ?97.51. While there was some fluctuation, the stock ended close to its opening price.

Network18

Network18 opened at ?46.37 and saw its lowest price at ?45 during the week. The highest point was ?48.34, but by Friday, it closed at ?46.18, showing only slight movement. The stock remained mostly range-bound, reflecting stability rather than a bullish or bearish trend.

ZMCL

After opening at ?13.77, ZMCL stock price hit a low of ?12.79 on Tuesday before recovering steadily. It reached a high of ?15.21 before closing the week at ?14.72, indicating positive momentum.

NDTV

NDTV saw a strong upward trend. The stock opened at ?127.23 and dropped to its lowest at ?120.54 early in the week. However, it rebounded well, reaching a high of ?128.31 on Friday and closing even higher at ?131. This upward movement suggests strong investor confidence.

TV Today Network

TV Today remained relatively stable with an overall upward movement. It opened at ?162.52 and saw a minor dip to ?161.66 before gradually climbing to ?169 on Friday, the highest for the week. The stock closed at ?165.98, reflecting steady growth.

HT Media

HT Media opened at ?19.43 and traded within a narrow range. The lowest price during the week was ?18.86,while the while the highest was ?20.17. The stock closed at ?19.90, showing stability with limited movement

Jagran Prakashan

Jagran Prakashan had an interesting trend, reaching its highest price of ?72.5 on the opening day before dropping to ?70.4, the lowest for the week. It then stabilized and closed at ?71.48, showing no clear momentum in either direction.