Eros International Media gained 4.89% to Rs 228.50 at 14:21 IST on BSE after a bulk deal of 10.26 lakh shares was executed on the scrip at Rs 222.70 per share at 10:42 IST on BSE.
Meanwhile, the S&P BSE Sensex was up 103.13 points or 0.35% at 29,961.93. The S&P BSE Small-Cap was up 106.79 points or 0.7% at 15,462.63.
Bulk deal boosted volume on the scrip. On the BSE, 45.31 lakh shares were traded on the counter so far as against the average daily volumes of 2.09 lakh shares in the past one quarter. The stock had hit a high of Rs 233.40 and a low of Rs 220.75 so far during the day.
The stock had hit a 52-week high of Rs 308.40 on 28 March 2017 and a 52-week low of Rs 150.15 on 22 November 2016. The stock had underperformed the market over the past 30 days till 5 May 2017, sliding 13.33% compared with 0.23% fall in the Sensex. The scrip, however, outperformed the market in past one quarter, gaining 23.01% as against Sensex's 5.73% rise.
The small-cap company has equity capital of Rs 94.36 crore. Face value per share is Rs 10.
On consolidated basis, Eros International Media's net profit rose 149.6% to Rs 101.88 crore on 1% decline in net sales to Rs 332.12 crore in Q3 December 2016 over Q3 December 2015.
Eros International Media operates in the Indian film entertainment industry. It acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media.
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