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UFO Moviez gains on foraying into film distribution

22 Dec 2020 Evaluate

UFO Moviez India is currently trading at Rs. 79.50, up by 0.10 points or 0.13% from its previous closing of Rs. 79.40 on the BSE.

The scrip opened at Rs. 79.40 and has touched a high and low of Rs. 82.35 and Rs. 76.75 respectively. So far 37325 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 143.15 on 14-Feb-2020 and a 52 week low of Rs. 60.00 on 19-Mar-2020.

Last one week high and low of the scrip stood at Rs. 93.50 and Rs. 76.75 respectively. The current market cap of the company is Rs. 223.55 crore.

The promoters holding in the company stood at 30.53%, while Institutions and Non-Institutions held 24.43% and 45.04% respectively.

UFO Moviez has forayed into film distribution with intent to consolidate and position itself as a one-stop pan India film distributor. Extending its distribution operations across the length and breadth of the country and helping theatres re-open with an assured line-up of content, it will begin by presenting 11 Hindi films with an aim to release on an average at least one film every week in 2021. With this, the network seeks to build a robust professional architecture which can effectively handle the film distribution throughout India using its own infrastructure.

To begin with, UFO Moviez has also partnered with Jio Studios for the nationwide distribution of their upcoming movies Ram Prasad ki Tehrvi and Aadhar.

UFO Moviez India was incorporated as ‘Valuable Media’. The company is India’s largest digital cinema distribution network and in-cinema advertising platform (in terms of numbers of screens).

UFO Moviez Share Price

73.09 1.03 (1.43%)
20-Apr-2026 14:36 View Price Chart
Peers
Company Name CMP
PVR 937.90
Saregama India 343.80
Shemaroo Entertain. 107.32
Balaji Telefilms 92.79
UFO Moviez 73.09
View more..

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