Mukta Arts gains as its arm launches 3 screens multiplex in Navsari
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Mukta Arts is currently trading at Rs. 64.77, up by 0.43 points or 0.67% from its previous closing of Rs. 64.34 on the BSE.
The scrip opened at Rs. 63.20 and has touched a high and low of Rs. 66.00 and Rs. 63.20 respectively. So far 4524 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 68.45 on 13-Oct-2022 and a 52 week low of Rs. 41.62 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 67.00 and Rs. 61.96 respectively. The current market cap of the company is Rs. 147.82 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 its one of a kind, premium cinema in Navsari, Gujarat with the launch of its 3 screens multiplex. The newly launched property in Navsari, Gujarat features 3 screens and can accommodate 449 guests. The property is further aided with Harkness Silver screens, laser projections & surround sound, which will ensure the best & immersive movie experience for every member of the audience. The new property also features luxury-seating arrangements & freshly crafted delicious food & beverage options.
MuktaA2 Cinemas has now expanded its presence to 24 locations with a screen count of 64. This brings Mukta Arts in control of 94 screens, i.e. 64 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.
