1. Eros International Media shares plunge 10% today, here is why

Eros International Media shares plunge 10% today, here is why

In the past one year, the share price of Eros International Media fell 53.53 per cent till February 10 whereas BSE Sensex declined 16.21 per cent during the same period.

By: | New Delhi | Updated: February 10, 2016 4:39 PM
eros international shares, sensex

The share price of Eros Media closed 10.07 per cent down at Rs 179.05. The scrip opened the day at Rs 182.60 and touched a high and low of Rs 189.45 and Rs 176.50 in trade.

Eross International Media shares slumped over 10 per cent on Wednesday after the company on Tuesday reported 65 per cent fall in its consolidated net profit figures to Rs 37.77 crore for the quarter ended December 2015 against Rs 109.34 crore in the corresponding quarter a year ago.

The share price of Eros Media closed 10.07 per cent down at Rs 179.05. The scrip opened the day at Rs 182.60 and touched a high and low of Rs 189.45 and Rs 176.50 in trade.

Net sales during the period under review were down 31.66 per cent at Rs 335.38 crore as against Rs 490.73 crore in the same quarter last year.

In the past one year, the share price of Eros International Media fell 53.53 per cent till February 10 whereas BSE Sensex declined 16.21 per cent during the same period.

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