EROS SHARES PLUNGE 32% | 8 June, 2019

Eros International Media shares fell 32% in two days after Care Ratings downgraded the company to ‘default’ levels. Eros International Plc., which is the US-listed parent company, plunged 50% on 6th June. Eros admitted to being late on two loan interest payments for April and May but added, the payments would be clear­ed in a week.