Eros rules UK box office in 2013

Eros International plc ("Eros"), a leading global company in the Indian film entertainment industry, topped the UK box office for Indian films for the calendar year 2013 with four out of the top ten films released by the company. Eros amassed a massive £5.47mn at the UK box office last year capturing a mammoth 33% of the market share.

Out of the 130 Indian films (Hindi, Tamil, Malayalam and Punjabi) that hit the theatres last year, 42 films belonged to Eros and its subsidiary Ayngaran, which distributes Tamil films overseas.

Eros was also numero uno at the Bollywood Box Office in UK with a market share of 26% (£4.20mn). Some of Eros' biggest hits of the past year include Krrish 3, Yeh Jawaani Hai Deewani, Ram-Leela and Raanjhanaa.

Looking to continue this trend in the current year, Eros seeks to further enhance its market share with highly awaited films such as the recently released Jai Ho and the upcoming Shaadi Ke Side Effects, Action Jackson due for release in the first half of the year.

Shares of EROS INTERNATIONAL MEDIA LTD. was last trading in BSE at Rs.161.2 as compared to the previous close of Rs. 148.55. The total number of shares traded during the day was 264950 in over 5497 trades.

The stock hit an intraday high of Rs. 166 and intraday low of 149.3. The net turnover during the day was Rs. 42599363.

Source : Equity Bulls

Keywords