Mukta Arts is currently trading at Rs. 51.20, up by 1.55 points or 3.12% from its previous closing of Rs. 49.65 on the BSE.
The scrip opened at Rs. 48.10 and has touched a high and low of Rs. 54.40 and Rs. 48.10 respectively. So far 4351 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 72.10 on 10-May-2018 and a 52 week low of Rs. 32.10 on 28-Sep-2018.
Last one week high and low of the scrip stood at Rs. 54.40 and Rs. 44.00 respectively. The current market cap of the company is Rs. 114.17 crore.
The promoters holding in the company stood at 70.37%, while Non-Institutions held at 29.63% stake in the company.
Mukta Arts has entered into agreements with Zee Entertainment Enterprises for extension of its existing Satellite and Digital Rights of 37 films up to August 2027 for a total consideration of Rs 60 crore.
The entire consideration will be received by Mukta Arts by May/June 2020 in easy instalments. The revenue will however be recorded as per the guidelines provided by the Accounting Standards.
Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.
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