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Eros International Media jumps after strong Q3 earnings

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Capital Market

Eros International Media surged 4.07% to Rs 163.50 at 14:11 IST on BSE after consolidated net profit jumped 41.08% to Rs 91.99 crore on 17.15% growth in total income from operations to Rs 432.68 crore in Q3 December 2013 over Q3 December 2012.

The Q3 result was announced during trading hours today, 13 February 2014.

Meanwhile, the S&P BSE Sensex was down 172.11 points or 0.84% at 20,276.38.

On BSE, so far 1.55 lakh shares were traded in the counter as against average daily volume of 72,024 shares in the past one quarter.

The stock hit a high of Rs 165.65 and a low of Rs 156.20 so far during the day. The stock had hit a 52-week high of Rs 200.75 on 20 February 2013. The stock had hit a 52-week low of Rs 106.50 on 28 August 2013.

 

The stock had underperformed the market over the past one month till 12 February 2014, sliding 9.97% compared with the Sensex's 1.49% fall. The scrip had also underperformed the market in past one quarter, declining 12.48% as against Sensex's 0.82% rise.

The small-cap company has equity capital of Rs 91.97 crore. Face value per share is Rs 10.

Eros International Media is a global player within the Indian media and entertainment arena. It operates on a vertically integrated studio model controlling content as well as distribution & exploitation across multiple formats globally, including cinema, digital, home entertainment and television syndication.

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First Published: Feb 13 2014 | 2:13 PM IST

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