Cineline India rises on opening 4 screen multiplex in Uttar Pradesh
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Cineline India is currently trading at Rs. 132.35, up by 0.70 points or 0.53% from its previous closing of Rs. 131.65 on the BSE.
The scrip opened at Rs. 141.90 and has touched a high and low of Rs. 141.90 and Rs. 132.00 respectively. So far 7944 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 186.00 on 05-Feb-2024 and a 52 week low of Rs. 96.25 on 21-Nov-2024.
Last one week high and low of the scrip stood at Rs. 149.95 and Rs. 125.70 respectively. The current market cap of the company is Rs. 457.11 crore.
The promoters holding in the company stood at 69.60%, while Institutions and Non-Institutions held 1.36% and 29.04% respectively.
Cineline India has opened latest state-of-the-art multiplex under the brand name ‘MovieMax Edition’ at RCube Monad Mall, Noida, Uttar Pradesh. This luxurious all-recliner format multiplex featuring four screens, each designed to offer a premium cinematic experience. With plush luxury recliner seating, a dedicated live kitchen serving gourmet food, and cutting-edge technology, it aims to elevate the movie-going experience for its patrons.
With the launch of this multiplex, MovieMax continues its expansion in Uttar Pradesh, bringing its regional screen count to 20 and further strengthening its presence across India. Nationwide, it is now operating 79 screens across 21 properties in 13 cities.
Cineline India is engaged in business of movie exhibition in India.
