Mukta Arts touches roof as its arm launches 9 new screens in various states

25 Nov 2021 Evaluate

Mukta Arts is currently trading at its upper circuit limit of Rs. 50.80, up by 4.60 points or 9.96% from its previous closing of Rs. 46.20 on the BSE.

The scrip opened at Rs. 47.45 and has touched a high and low of Rs. 50.80 and Rs. 47.05 respectively. So far 4801 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 54.00 on 09-Nov-2021 and a 52 week low of Rs. 25.60 on 27-Apr-2021.

Last one week high and low of the scrip stood at Rs. 50.80 and Rs. 40.15 respectively. The current market cap of the company is Rs. 114.73 crore.

The promoters holding in the company stood at 70.67% and Non-Institutions held 29.33%.

Mukta Arts’ subsidiary -- Mukta A2 Cinemas has launched its new properties at Ahmedabad, Punjab and Orissa. Mukta A2 Cinemas opened its 4 screen property at Rajyash Rise in Ahmedabad.

Also, after resumption of cinema operations post lockdown period the company has opened 2 screens Multiplex at Ropar, Punjab on August 19, 2021 and 3 Screen multiplex at Raygada, Orissa on October 28, 2021. With addition of these above mentioned 9 screens, the screen count of Mukta A2 Cinemas goes upto 55 screens apart from 6 in Bahrain and 14 screens under its JV with Asian Cinemas. So total screen count goes to 75 screens in all.

Mukta Arts is one of India's leading production houses with business interests across the entertainment spectrum from Exhibition to Education.

Mukta Arts Share Price

68.15 0.55 (0.81%)
13-Mar-2025 16:59 View Price Chart
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