Cinemax India to commence new Theatre at Bandra, Mumbai

Cinemax India Ltd has announced that on July 06, 2007 the Company will be commencing its 13th Theatre in the Country named as The Red Lounge - Cinemax at Bandra, Mumbai which is also 10th theatre in Mumbai region. With the commencement of operation at this place, the Company shall have capacity of 11,028 seats housing 39 screens.

The theatre at Bandra, Mumbai is ongoing popular phenomenon of "The Red Lounge^TM"- the 160° reclining Red Sofa Seat in the Auditorium. With exclusive "The Red Lounge^TM" this theatre will give numerous offerings to enhance the experience of moviegoers - "Cinemaxperience" which is true to Cinemax's philosophy - Enjoy, Relax @ Cinemax.

The stock closed the day at Rs.152.85, down by Rs.4.75 or 3.01%. The stock hit an intraday high of Rs.158.75 and low of Rs.151. The total traded quantity was 116031 compared to 2 week average of 343694.

Source : Equity Bulls

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