Eros jumps on acquiring worldwide distribution rights of ‘Ferrari Ki Sawaari’

Eros International Media is currently trading at Rs. 188.00, up by 2.30 points or 1.24% from its previous closing of Rs. 185.70 on the BSE.

The scrip opened at Rs. 187.95 and has touched a high and low of Rs. 188.15 and Rs. 187.50 respectively. So far 1,325 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 277.00 on 18-Oct-2011 and a 52 week low of Rs. 136.35 on 25-May-2011.

Last one week high and low of the scrip stood at Rs. 196.75 and Rs. 184.55 respectively. The current market cap of the company is Rs. 1,724.00 crore.

The promoters holding in the company stood at 77.84% while Institutions and Non-Institutions held 10.31% and 11.85% respectively.

Eros International Media (Eros International), a leading global company in the Indian film entertainment industry, has acquired the worldwide distribution rights of Vidhu Vinod Chopra’s ‘Ferrari Ki Sawaari’. Eros International will release the film worldwide on June 15, 2012.

Ferrari Ki Sawaari, a heartwarming film about a young father’s endeavor to fulfill the dream of his talented ten year old son, is Vinod Chopra Films’ first release after 3 idiots, the much acclaimed and highest grossing film in the history of Hindi cinema.

Produced by Vidhu Vinod Chopra, directed by Rajesh Mapuskar, written by Vidhu Vinod Chopra and Rajesh Mapuskar with dialogues by Rajkumar Hirani, Ferrari Ki Sawaari stars Sharman Joshi, Boman Irani and Ritwik Sahore with a song appearance by Vidya Balan.

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.