Eros International Media rose 1.81% to Rs 387.75 at 15:25 IST on BSE after the company announced the launch of Motion Pictures Production Company, Trinity Pictures.
The company made announcement during market hours today, 23 February 2015.
Meanwhile, the S&P BSE Sensex was down 231.59 points or 0.83% at 28,988.01.
On BSE, so far 50,655 shares were traded in the counter as against average daily volume of 54,769 shares in the past two weeks.
The stock hit a high of Rs 394 and a low of Rs 381.90 so far during the day. The stock had hit a record high of Rs 425 on 5 February 2015. The stock had hit a 52-week low of Rs 146.65 on 20 February 2014.
The stock had underperformed the market over the past one month till 20 February 2015, gaining 1.06% compared with 1.55% rise in the Sensex. The scrip had, however, outperformed the market in past one quarter, gaining 17.75% as against Sensex's 4.15% rise.
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The mid-cap entertainment firm has equity capital of Rs 92.51 crore. Face value per share is Rs 10.
Eros International Media has announced appointment of Ajit Thakur to spearhead the company's motion pictures production division, Trinity Pictures. Ajit has joined the leadership team at Eros and will lead Trinity Pictures' endeavour to invest in developing intellectual property in-house.
Eros International Media's consolidated net profit rose 18.9% to Rs 109.34 crore on 13.4% rise in total income to Rs 491.97 crore in Q3 December 2014 over Q3 December 2013.
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