Cineline India gains on opening 4 screen multiplex at ‘Pacific Mall’ in Uttar Pradesh
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Cineline India is currently trading at Rs. 149.70, up by 2.05 points or 1.39% from its previous closing of Rs. 147.65 on the BSE.
The scrip opened at Rs. 147.65 and has touched a high and low of Rs. 152.40 and Rs. 147.45 respectively. So far 2376 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 174.75 on 28-Apr-2022 and a 52 week low of Rs. 74.15 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 157.10 and Rs. 145.95 respectively. The current market cap of the company is Rs. 476.65 crore.
The promoters holding in the company stood at 67.00%, while Non-Institutions held 33.00%. Cineline India has opened 4 screen multiplex at ‘Pacific Mall’, situated at Gaziabad in Uttar Pradesh with a capacity of 1,311 seats. The cinema is equipped with recliner seats for enhanced comfort and 2K plus 4K projectors that deliver high resolution, sharp and bright images. In addition, the Audi's are equipped with 7.1 Dolby sound and 3D technology. With this launch, MovieMax now is operational in 31 screens across 11 properties in 6 cities in India.
Cineline India is one of the most renowned real estate players in MMRDA region.
