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Zee Learn Q3 Result 2024: Date and Time, Share Price and Target

Post Last Updates by Ankit: Wednesday, February 14, 2024 @ 3:31 PM

Zee Learn Q3 Result 2024: Date and Time, Share Price and Target

Baek XX Chapter 62


News: Zee Learn, a prominent player in the education sector, recently released its Q3 2024 financial results. Investors and stakeholders eagerly awaited this update to assess the company’s performance. In this article, we’ll delve into the key aspects of Zee Learn’s Q3 results, including the date and time of the announcement, share price movements, and target projections.

Date and Time of Announcement

The Q3 results for Zee Learn were officially announced on February 14, 2024. Investors can find detailed information about the company’s financial health during this quarter.

Share Price Movement

Following the Q3 results, Zee Learn’s stock exhibited interesting dynamics. Here’s a snapshot of the stock’s performance:

  • BSE (Bombay Stock Exchange): The stock opened lower at Rs 184.70 and was later seen trading at Rs 191.40, reflecting a 1.48% increase from the previous close.
  • NSE (National Stock Exchange): On the NSE, the stock opened at Rs 183 and currently trades at Rs 191.50, showing a 1.42% gain.

Brokerage Views

Several brokerage firms have shared their insights on Zee Learn’s stock:

  1. MOSL (Motilal Oswal Securities Limited): They maintain a “Sell” rating on the Zee Learn stock with a target price of Rs 200 per share.
  2. CLSA (Credit Lyonnais Securities Asia): CLSA also maintains a “Sell” stance, setting a target price of Rs 175 per share.

Historical Performance

Zee Learn, a constituent of the S&P BSE 100, has witnessed varied performance over different time frames:

  • One Week: The stock advanced by 2.49%.
  • Two Weeks: It gained 8.06%.
  • One Month: The stock declined by 25.21%.
  • Three Months: A decrease of 25.73%.
  • Six Months: A decline of 31.19%.
  • One Year: A decrease of 13.59%

Zee Learn, a trailblazer in the education sector, is committed to enhancing human capital through its diverse offerings. Let’s explore what makes Zee Learn a prominent player in the field.

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What Is Zee Learn?

Zee Learn stands tall as India’s leading education company, with a robust portfolio that spans various educational stages. Here are the key components:

  1. Mount Litera Zee School: A rapidly growing chain of K-12 schools, Mount Litera Zee School focuses on holistic education and personalized learning experiences.
  2. Kidzee: India’s widely spread preschool chain network, Kidzee nurtures young minds during their formative years. With over 1900+ centers across 750+ cities, Kidzee is a pioneer in early childhood education.
Zee Learn Q3 Result 2024: Date and Time, Share Price and Target

Financial Transparency

Zee Learn maintains a transparent financial reporting system, fostering trust with stakeholders. Its strong credit ratings reflect financial discipline and prudence.

Awards and Recognition

Zee Learn has been recognized as one of the most trusted educational brands. In 2015, it received the prestigious Brand Trust Award for its K-12 schools and Kidzee preschool network.

Beyond Schools and Preschools

Zee Learn’s impact extends beyond schools and preschools:

  • Mount Litera World Preschool: An international standard pre-school with state-of-the-art infrastructure and personalized attention.
  • Zee Institute of Creative Art (ZICA): The nation’s first full-fledged Classical and Digital Animation Training Academy.
  • Zee Institute of Media Arts (ZIMA): A reputed name in film direction, cinematography, editing, and visual effects training.
  • Ankurum Preschools: Providing structured quality education at an affordable cost, Ankurum ensures a holistic curriculum with safety and security.
  • Liberium: A fast-growing human resource management and skilling company connecting people potential to organizational needs.

Investors should closely monitor Zee Learn’s performance, considering the brokerage recommendations and historical trends. As always, it’s essential to consult financial advisors before making any investment decisions.

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