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Eros International: Trading in line
Posted 11/08/11
The Indian filmed entertainment group announced trading in line with expectations
Operating cash flows remain strong with film content cash flow in line with expectations ahead of the major forthcoming releases of fims: Mausam, RA.One, Rockstar, Agent Vinod and Desi Boyz in the remainder of the financial year.
The house broker commented how healthy pipeline of releases and continued expansion into regional movies is helping drive earnings.
Following recent fall in share price in the general market mayhem the shares trade at 7.18x March 2012 estimates; decent value for a high growth story that has delivered up to now
This entry was posted 9 months, 1 week ago.
