Eros gains on entering into distribution agreement with Viacom18 Motion Pictures

27 Aug 2014 Evaluate

Eros International Media is currently trading at Rs. 264.35, up by 1.70 points or 0.65% from its previous closing of Rs. 262.65 on the BSE.

The scrip opened at Rs. 266.25 and has touched a high and low of Rs. 270.70 and Rs. 262.05 respectively. So far 36,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 270.70 on 27-Aug-2014 and a 52 week low of Rs. 106.50 on 28-Aug-2013.

Last one week high and low of the scrip stood at Rs. 270.70 and Rs. 249.05 respectively. The current market cap of the company is Rs. 2,438.00 crore.

The promoters holding in the company stood at 74.76% while Institutions and Non-Institutions held 17.38% and 7.85% respectively.

Eros International Media (Eros), a leading global film company in the India film entertainment industry and Viacom18 Motion Pictures, a division of Viacom 18 Media, a joint venture operation in India between Viacom Inc. and the Networkl8 Group, have entered into an international distribution agreement.

The deal includes four-films: Mary Kom- directed by Omung Kumar and starring Priyanka Chopra;, Gabbar- directed by Krish starring Akshay Kumar & Shruti Hassan; Golu Pappu- directed by Kabir Sadanand and starring Dimple Kapadia, Vir Das and Kunal Roy Kapoor: and Santa Banta- directed by Akashdeep Sabir and starring Boman Irani and Vir Das.

Mary Kom, the first of the films to be distributed internationally under this alliance, will release in over 250 screens on September 5, 2014.

Eros International Media is a part of the Eros Group., which has an extensive film library and is in the business of sourcing Indian and other film content and exploiting it worldwide through its offices in India, UK, USA, UAE, Singapore, Australia, the Isle of Man and Fiji across formats such as theatres, home entertainment, television and digital new media.

Eros Internatl.Media Share Price

17.92 -0.25 (-1.38%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
PVR 1320.55
Saregama India 345.90
Eros Internatl.Media 17.92
Shemaroo Entertain. 141.50
Balaji Telefilms 72.90
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