Eros share price rose by close to 5 per cent yesterday after the entertainment firm said that it had tied up with UAE's biggest film distribution and exhibition network - Phars Film. Eros International Media on Wednesday announced its association with Phars Film.
The company said in a BSE filing that the partnership allows the 2 companies to jointly co-produce Malayalam films and also explore theatrical rights between themselves. The deal licenses Eros International to tap distribution of all the Malayalam films produced jointly in India while Phars Film shall present the same abroad where it has a dominant market share, it added.
Meanwhile, Eros share price was trading 0.39 per cent higher at Rs.205 on the NSE today. The stock opened at Rs.202.15 as compared with its previous closing at Rs.204.20. The stock touched the day’s high and low at Rs.208 and Rs.202.15, respectively. So far, 1,45,159 shares have changed hands on the NSE counter with a traded value of Rs.297.11.
The stock touched its 52 week high value at Rs.541.00 (30-Sep-15) whereas the 52 week low was seen at Rs.125.75 (29-Feb-16). The life time high of the stock stands at Rs.643.95 (20-Jul-15) while the life time low of the scrip stands at Rs.106.75 (28-Aug-13). The market cap of Eros International amounts to Rs.1911.24 (Cr).The book value of the company stands at 158.48.
Eros International is identified by Dynamic Levels researchers and analysts as the top 500 performing stocks for the June quarter amongst the 1700 stocks which are listed on the NSE. Eros International is fundamentally strong and is safe for investment, according to Dynamic analysts and market experts.
In order to know more about the support and resistance levels of the stock and also its fundamentals and financials, please pay a visit to Eros share price history.
No comments:
Post a Comment