UFO Moviez jumps on entering into strategic alliance with Miraj Cinemas
UFO Moviez India is currently trading at Rs. 85.99, up by 8.60 points or 11.11% from its previous closing of Rs. 77.39 on the BSE.
The scrip opened at Rs. 84.00 and has touched a high and low of Rs. 87.84 and Rs. 79.55 respectively. So far 49449 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.90 on 04-Dec-2024 and a 52 week low of Rs. 59.11 on 09-May-2025.
Last one week high and low of the scrip stood at Rs. 87.84 and Rs. 76.59 respectively. The current market cap of the company is Rs. 332.02 crore.
The promoters holding in the company stood at 22.33%, while Institutions and Non-Institutions held 24.88% and 52.79% respectively.
UFO Moviez India has entered into a strategic alliance with Miraj Cinemas, the country’s third-largest cinema exhibition chain. Through this partnership, UFO Moviez has secured exclusive advertising rights across Miraj Cinemas’ extensive network of 239 screens. With this collaboration, UFO Moviez’s total cinema advertising network will expand to over 4000 screens, further strengthening its position as India’s largest integrator of in-cinema screen inventory.
This partnership will also significantly enhance UFO’s multiplex screen portfolio, increasing it to over 2500 multiplex screens, and firmly consolidating its leadership as the largest multiplex on-screen advertising network in the country.
This association is expected to combine Miraj Cinemas’ and UFO Moviez’s nationwide reach with UFO’s proven expertise in advertising and marketing, creating new opportunities for brands to invest more strategically, aggressively, and consistently across this powerful network.
UFO Moviez India is first one to enable cinema digitization with satellite technology in India. That also makes it the largest in-cinema advertising platform, with the power to impact on billions of viewers.
