Cineline India trades jubilantly on opening new multiplex in Mumbai
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Cineline India is currently trading at Rs. 115.25, up by 12.90 points or 12.60% from its previous closing of Rs. 102.35 on the BSE.
The scrip opened at Rs. 100.05 and has touched a high and low of Rs. 116.35 and Rs. 100.05 respectively. So far 4607 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. 82.10 on 01-Dec-2021.
Last one week high and low of the scrip stood at Rs. 118.35 and Rs. 100.05 respectively. The current market cap of the company is Rs. 339.97 crore.
The promoters holding in the company stood at 67.00% and Non-Institutions held 33.00%.
Cineline India has opened 4 screen multiplex at ‘Huma Mall’, situated at LBS Marg, Near Kanjur Marg Railway Station (West), Mumbai with a capacity of 1,112 seats. The cinema is equipped with recliner seats for enhanced comfort and 2K projectors that deliver high resolution, sharp and bright images. In addition, the Audi's are equipped with ATMOS, 7.1 Dolby sound and 3D technology. With this launch, MovieMax now is operational in 35 screens across 12 properties in 6 cities in India.
Cineline India is one of the most renowned real estate players in MMRDA region.
