Eros International gains 2% on tie-up with HBO Asia
Eros International Media gained over 2 percent intraday on Thursday as the company has tied-up with HBO Asia for two premium TV channels.
December 06, 2012 / 14:40 IST
Eros International Media gained over 2 percent intraday on Thursday as the company has tied-up with HBO Asia for two premium TV channels.
In an interview with CNBC-TV18, group executive chairman, Kishore Lulla said he aimed Rs 500 crore revenues from these channels in two years. "We will launch 5-6 TV channels with HBO in 2-3 years," he added.Kishore Lulla expects penetration to reach 25 percent in 3 years and is targetting to get 20 million subscribers for 2 channels in 2 years.At 14:16 hours IST, the stock went up 2.07 percent to Rs 222.25 on the Bombay Stock Exchange.Also Read
PVR drops 4% on profit booking for second consecutive day
Maruti to increase car prices by up to Rs 20,000 from Jan Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
