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Friday, November 11, 2016

Eros traded above 7 % despite disappointing Q2

eros-share-priceEros International Media, the Entertainment firm disclosed a 32.87 per cent fall in consolidated net profit at Rs 62.99 crore for the 2nd quarter ended on September 30, 2016. It had clocked a consolidated net profit amounting to Rs 93.83 crore in the corresponding period last year, Eros International Media’s statement read. Total income from operations on a consolidated basis is registered at Rs 478.79 as compared to Rs 504.91 crore in the year-ago period. On a standalone basis, the company's net profit fell 19.72 per cent at Rs 47.59 crore from Rs 59.28 crore in the same period last year. Total income from operations on a standalone basis stood at Rs 439.73 crore versus Rs 441.47 crore in the year-ago period, it further added.
Last day, i.e on 10th Nov, Eros share price was trading above 7 per cent at Rs. 192.75. The stock closed above 10 points at Rs. 189.25. It opened at Rs. 130.00 as compared to its previous closing at Rs.182.25. The stock touched the days high and low at Rs. 198 and Rs.182.05.
Eros share price touched its 52 week high value at Rs. 291.90 on 10th Nov ’15 whereas the 52 week low is seen at Rs. 125.75 on 29th Feb ‘16. The Average Daily Movement of the stock is 8.74 and its average volume for last 20 days is 215596. The stock yields -6.68 per cent monthly returns. The market cap of the company amounts to Rs. 1771.31 (Cr) and has a book value of Rs.188.88.
Eros is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE.  Eros is fundamentally strong and is safe for investment, as per Dynamic analysts.
In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Eros share price history.

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