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[email protected]; Disclaimer: Client should read the Risk Disclosure Document issued by SEBI & relevant exchanges and Do’s & Don’ts by MCX & NCDEX and the T & C on www.sharekhan.com before investing. investor’s eye stock update Eros International Reco: Buy Stock Update Ahead of expectations, outperformance on net income led by lower tax rate CMP: Rs146 Company details Result highlights Price target: Rs165 Beats expectations, company focus on high-content right budget movies paying Market cap: Rs1,341 cr off: For Q2FY14 Eros International Media Ltd (EIML) has reported a much better performance as compared with that of Q1FY2014, which was a relatively soft 52 week high/low: Rs235/107 quarter. The company has exceeded our estimate on the top line by 6%, margin NSE volume: 1.5 lakh by 384 basis points and net income by 34%.