Acuite Rating assigns credit rating to Eros International Media Limited

Acuite Ratings & Research Limited ("Acuite Rating") has assigned its long-term rating of "ACUITE B" (read as ACUITE B) on the Rs. 465 crore bank facilities of Eros International Media Limited. The outlook is "Stable".

All other outstanding credit ratings are under process of being withdrawn and Acuite Ratings will be the primary credit rating for the company's bank facilities.

Shares of EROS INTERNATIONAL MEDIA LTD. was last trading in BSE at Rs.20.9 as compared to the previous close of Rs. 21.5. The total number of shares traded during the day was 25297 in over 85 trades.

The stock hit an intraday high of Rs. 21.9 and intraday low of 20.7. The net turnover during the day was Rs. 533151.

Source : Equity Bulls

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