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This is an archive article published on January 17, 2011

Q3 result hits Zee Entertainment stock

Zee Entertainment stock extended losses after falling almost 10% in last session.

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Zee Entertainment stock extended losses for a second consecutive session on weak Dec quarter results,dealers said.

The losses from the sports segment weighed on the earnings,indicating longer time for turnaround in the sports business,an analyst who declined to be named said.

At 11:39 a.m.,shares were down 3.26 percent at 114.15 rupees. It had dropped nearly 10 percent on Friday.

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