Mukta Arts is currently trading at Rs. 29.00, up by 0.90 points or 3.20% from its previous closing of Rs. 28.10 on the BSE.
The scrip opened at Rs. 28.40 and has touched a high and low of Rs. 29.00 and Rs. 28.40 respectively. So far 2725 shares were traded on the counter.
The BSE group 'B ' stock of face value Rs. 5 has touched a 52 week high of Rs. 44.95 on 23-May-2014 and a 52 week low of Rs. 25.65 on 21-Aug-2014.
Last one week high and low of the scrip stood at Rs. 31.40 and Rs. 28.05 respectively. The current market cap of the company is Rs. 65.49 crore.
The promoters holding in the company stood at 70.37 % while Non-Institutions held 29.63% of the stake.
Mukta Arts’ exhibition arm, Mukta A2 Cinemas, is looking at occupying the mid-level spot, with a screen presence of around 100 screens by the end of the next fiscal. Currently operating 30 screens across 10 properties, the cinema chain will be ramping up its presence in tier-II and tier-III areas.
Mukta A2 Cinemas is further planning to expand in territories like Gurgaon, Panvel and Dehradun. Mukta Cinemas would also open a six screen property in Bahrain next year.
Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.
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