Eros International Media witnessed a sharp rise in share prices on Thursday after the company announced its continued partnership with Sajid Nadiawala to release the third installment of the hugely successful comedy franchise Housefull. Eros once again teams up with Nadiawala Grandson entertainment for Housefull 3.
Jyoti Deshpande, group chief executive officer, Eros International Media said, "We share a special relationship with Sajid that goes back several decades and are excited to have Sajid back with us. What better film to start with than the third installment of the hit franchise Housefull. It promises to be a star studded laugh riot shot lavishly in the UK, Sajid Nadiawala style."
Shares of the company gained Rs 15.35, or 6.02%, to trade at Rs 270.35. The total volume of shares traded was 68,574 at the BSE (12.46 p.m., Thursday). The scrip has touched an intra-day high of Rs 273.15 and low of Rs 253.40. The total volume of shares traded at the BSE is 68,574.