Cineline India trades higher on opening 3-screen multiplex at The Cine Station Mall in Silvassa
Cineline India is currently trading at Rs. 86.57, up by 0.49 points or 0.57% from its previous closing of Rs. 86.08 on the BSE.
The scrip opened at Rs. 86.00 and has touched a high and low of Rs. 88.50 and Rs. 83.00 respectively. So far 259 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 106.19 on 16-Apr-2025 and a 52 week low of Rs. 75.81 on 18-Mar-2025.
Last one week high and low of the scrip stood at Rs. 89.00 and Rs. 83.00 respectively. The current market cap of the company is Rs. 296.64 crore.
The promoters holding in the company stood at 69.60% while Institutions and Non-Institutions held 2.19% and 28.21% respectively.
Cineline India has opened a 3-screen multiplex in The Cine Station, Edifice-The Mall, Prithviraj Chauhan Marg, Silvassa, UT of Dadra & Nagar Haveli and Daman & Diu, developed under the company’s Operations and Management (O&M) model.
Key Highlights of the multiplex include seating capacity of 824, ensuring ample space for guests to immerse themselves in the magic of cinema. The multiplex is equipped with advanced 2K laser projectors that deliver clear visuals through unparalleled image quality, sharpness, and brightness. Each auditorium is equipped with next gen 3D screen which will support big releases with sharp detail, Dolby 7.1 Custom Audio System to deliver rich, immersive sound at par with the finest cinemas worldwide.
