Eros International Media Faces Severe Financial Challenges Amidst Stock Volatility and Declining Sales
Eros International Media has faced significant challenges, hitting a new 52-week low and underperforming its sector. The company's net sales plummeted by 73.2%, and it reported a negative profit before tax. Institutional investor participation has decreased, and the stock is trading below key moving averages, raising concerns about its viability.
Eros International Media has experienced significant volatility, hitting a new 52-week low of Rs. 6.38 today. The stock has underperformed its sector by 5.15%, reflecting ongoing challenges within the company. Over the past year, Eros International Media's performance has declined by 67.88%, starkly contrasting with the Sensex's gain of 8.20% during the same period.The company's financial health appears concerning, with net sales dropping by 73.2% to Rs. 31.57 crore and a negative profit before tax of Rs. -78.32 crore, marking a 66.5% decline. Additionally, the company's ability to service its debt is weak, evidenced by an average EBIT to interest ratio of -1.74. Eros International Media has not reported results in the last six months, raising further concerns about its long-term viability.
Institutional investor participation has also waned, with a 0.76% decrease in stake over the previous quarter, now holding only 1.29% of the company. The stock is currently trading below all key moving averages, indicating a bearish trend in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
