Eros Int'l, Thomas Cook rally on huge volumes

Eros International and Thomas Cook have rallied more than 5% each in an otherwise subdued market on the back of huge volumes.

Eros International has rallied 9% at Rs 208 on the National Stock Exchange (NSE). A combined 676,015 shares have changed hands on the counter till 1325 hours, against an average 219,597 shares traded daily in the past two weeks.

The company, which is engaged in the media and entertainment business, had reported a 40% year-on-year growth in net profit at Rs 21.68 crore for the quarter ended June 2011.

Thomas Cook has soared by 5% at Rs 44.40 on the back of a three-fold jump in trading volumes. As many as a combined 443,392 shares have changed hands on the counter against average trading volumes of 145,000 shares in the past two weeks.