Company Background for Eros International Media Limited
Eros International Media Ltd. is part of the Eros International Plc group. It is a globally renowned company in the Indian film or entertainment industry. Their work involves co-producing, acquiring and distributing Indian language films in different formats across the world. They have aggregated rights to more than 1100 films in their library. In addition, they hold digital rights for a large number of films (approx 700).
The group is known for its distribution network spanning more than 50 countries as well as offices in nations like India, US, UK, Dubai, Fiji, Australia, Singapore and Isle of Man. Such has been its success that in 2006, Eros International Plc became the first ever India media film company to get listed on AIM (Alternative Investment Market) of London STOCK EXCHANGE
One of the latest Bollywood release under Eros International banner was “Shamitabh”. The future looks rosy as well with several new Bollywood movies like “Badlapur” and “NH10″ to be released under this group in the next 1 month.
You May Consider buying the stock at current level @ 390 for a target of Rs.460-500 in the short term(1-2 Months)
