Mukta Arts rises as its arm launches multiplex in Chittorgarh
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Mukta Arts is currently trading at Rs. 52.00, up by 1.90 points or 3.79% from its previous closing of Rs. 50.10 on the BSE.
The scrip opened at Rs. 52.00 and has touched a high and low of Rs. 52.00 and Rs. 52.00 respectively.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 69.85 on 20-Apr-2022 and a 52 week low of Rs. 41.45 on 12-May-2022.
Last one week high and low of the scrip stood at Rs. 52.00 and Rs. 47.75 respectively. The current market cap of the company is Rs. 113.15 crore.
The promoters holding in the company stood at 70.67%, while Non-Institutions held 29.33% stake in the company.
Mukta Arts’ subsidiary -- Mukta A2 Cinemas has opened first of a kind premium cinema experience in Chittorgarh with the launch of its 3 new screens multiplex. Mukta A2 Cinemas has now expanded its presence to 25 locations with a screen count of 65. The newly launched property in Chittorgarh, Rajasthan features 3 screens and can accommodate 286 guests.
The property is further aided with Harkness 3D screens, 2K-Lazer projection and surround sound, which will ensure the best and immersive movie experience for every member of the audience. This brings Mukta Arts in control of 95 screens, i.e. 65 screens through Mukta A2 Cinemas, subsidiary company, 16 screens through Mukta A2 Multiplex WLL, subsidiary at Bahrain and 14 Screens through Joint Ventures with Asian Cinemas, Hyderabad.
Mukta Arts is one of India's leading production houses with business interests across the entertainment spectrum from Exhibition to Education.
