/ Eros International Gains On Syndication With Zee ~ Ways2Capital|Stock Tips|Stock Market Tips|Intraday Stock Tips|Stock Trading Tips|NSE BSE Tips

Tuesday, 9 May 2017

The Eros International Media Limited announced on Monday that it has signed a major television syndication deal with Zee for a slate of its forthcoming releases including Sarkar 3, Munna Michael and Shubh Mangal Savdhaan in the current year.

The Eros stock is trading higher in the morning hours on Tuesday being the top gainer in the Nifty Media index. The stock is trading at Rs 235 per share up by Rs 5.3 per share or 2.31%. The stock has attracted the volume of 3,62,250 shares and traded value of Rs 8.48 Cr.

The media stocks have been buzzing in the market since the Bahubali 2 is reporting record high earnings. If a movie becomes a blockbuster, then the media stocks gain. This is the likely trend for these stocks.

The upcoming movies if performs well, then it may act as upward movement driver to the media stocks.

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