Eros International gains over 5% on buzz of parent filing for US IPO

Posted By: Religare
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Shares of film entertainment company Eros International Media Ltd gained as much as 5.4 per cent in the morning trade on Bombay Stock Exchange (BSE) on the media reports that its parent company Eros International Plc has filed for Initial Public Offer (IPO) with United States Securities and Exchange Commission.

At 11:25 hours, shares of the company were trading at Rs 136.70 a piece, up 3.4 per cent from previous close on BSE.

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