Eros International is super hit
By
Research Desk
about 9 years ago
Volumes are up on the counter of Eros International, pushing up the stock price to Rs.594, up 12%. Some 5,5 lakh shares were traded today morning v/s less than one lakh shares traded on a two-week average.
The company seems to be having a very good run. With the super duper hit Bajrangi Bhaijaan netting over Rs.300 crore last week. Another movie, Telegu superstar Mahesh Babu starrer Srimanthudu has also opened up to rave reviews, earning over Rs.100 crore in the first week itself.
More than this news, the market is enthused with the unconfirmed news that its parent company, Eros International PLC is also looking at listing in India via Indian depository (IDR) structure, with no plans to delist the existing listed company.