AUV Innovations raises stake in Zee Media Corporation to 6.23%. Details here

Zee Media Corporation () share price rose almost 2 pecent in intra-day deals on Tuesday, September 9 after the company’s promoter entity (Auv Innovations LLP) acquired a 0.8% stake in the company, thereby boosting investor confidence and sentiment.

The stock has been witnessing strong buying interest as the company’s promoter entity, Auv Innovations LLP, acquired a 0.8 percent stake (50 lakh shares) on September 5 through open market transactions. The shares were purchased at 12.37 per share in a block deal from Miloeux Media & Entertainment. This promoter activity has boosted investor confidence in the counter, particularly as the company has recently reported encouraging financial results.

With this purchase, AUV Innovations increased its stake in Zee Media Corporation from 3,39,84,375 shares (5.43% of total shareholding) to 3,89,84,375 shares (6.23% of total shareholding). Currently AUV holds shares in the firm worth 6,18,74,282.00

Late last month, on August 21, AUV Innovations LLP had also announced the acquisition of 1,00,00,000 equity shares of Zee Media Corporation making its shareholding in the firm over 5 percent.

Zee Media Q1 Results

Zee Media reported a net loss of 8.81 crore in FY26, an improvement from the 10.38 crore loss posted in Q1 FY25. Revenue from operations grew 3.63 percent to 182.36 crore compared to 175.96 crore a year ago, while total income increased 3.24 percent to 183.11 crore from 177.35 crore. The company also saw its expenses decline to 194.55 crore from 199.30 crore in the same period last year.

ZMCL, a pioneer in the Indian mass media industry, operates the country’s largest news network. Incorporated on August 27, 1999, the company is headquartered in Mumbai, Maharashtra.



Zee Media Stock Performance

The rose as much as 1.8 percent n intra-day deals to 12.60. It is now over 52 percent away from its 52-week high of 26.29, hit in October 2024. Meanwhile, it touched its 52-week low of 10.60 in April 2025.

In the last 1 year, the stock has lost 5 percent while it is down 13 percent in the last 6 months and 9 percent in the last 3 months.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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