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Luminaire Technologies rises on plan to provide Digital Cinema Services net-works to Cinema owners

13 Mar 2015

Luminaire Technologies is currently trading at Rs 1.28, up by 0.06 points or 4.92% from its previous closing of Rs 1.22 on the BSE.

The scrip opened at Rs. 1.22 and has touched a high and low of Rs. 1.28 and Rs. 1.22 respectively. So far 8395748 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 30.60 on 26-May-2014 and a 52 week low of Rs. 1.20 on 12-Mar-2015.

Last one week high and low of the scrip stood at Rs. 1.48 and Rs. 1.20 respectively. The current market cap of the company is Rs. 37.62 crore.

The promoters holding in the company stood at 27.85% while Institutions and Non-Institutions held NA % and 72.15 % respectively.

Luminaire Technologies has received an approval to discuss and sign Technology Partner SPV for providing Digital Cinema Services net-works to Cinema owners. The board of directors at their meeting held on March 11, 2015 has approved for the same.

The board has also given approval to sign the SPV with BluePrint Data India to start its business operations in India by opening office in Delhi tentatively from the first week of May 2015.

Luminaire Technologies was earlier in the business of finance and trading of textile and yarns. The company intends to operate in the field of media and entertainment.


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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323