Mukta A2 Cinemas Limited, a subsidiary of Mukta Arts Limited has announced the launch of its new properties. Coinciding with the Pongal week, Mukta A2 Cinemas Limited opened today its single screen property at Shamsabad in Hyderabad.
Earlier, on Diwali, Mukta A2 Cinemas launched its three screen property in Kareemnagar, Telangana.
Another Single Screen under the JV, Asian Mukta A2 Cinemas LLP, is slated to open on 25th January, 2019 at Uppal in Telangana.
With addition of these five screens, the screen count of Mukta A2 Cinemas goes upto 48 apart from 6 in Bahrain and 10 screens under its JV with Asian Cinemas. So total screen count goes to 64 screens.
Next in line is a two screen property in Bhilai, Madhya Pradesh which is expected to open by end of January, 2019.
Shares of MUKTA ARTS LTD. was last trading in BSE at Rs.39.8 as compared to the previous close of Rs. 38.9. The total number of shares traded during the day was 3212 in over 34 trades.
The stock hit an intraday high of Rs. 40.65 and intraday low of 38.1. The net turnover during the day was Rs. 127827.