Zee Learn Rallies Over 6%, Board Recommends Dividend Of 5%

Zee Learn, which operates an educational channel in India, on Wednesday, witnessed a huge spurt in volumes, rallying 6.5% on the BSE.

The company post market hours, on Tuesday, had announced that the board of directors of the company has recommended a dividend of 5% i.e. Rs 0.05 per equity share of Rs 1/- for the financial year 2016-2017, for the shareholders of the company.

Along with this, the Company, in its filing to the bourses had posted its financial results for the quarter ended March 2017.  

The stocks of the company on the NSE have delivered nearly 60% returns in a period of one year, outperforming the BSE Small cap and Nifty Services Sector indices over the same time span.

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About Suhani Varma

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