Cinemax India is currently trading at Rs. 37.85, up by 0.60 points or 1.61% from its previous closing of Rs. 37.25 on the BSE.
The scrip opened at Rs. 37.90 and has touched a high and low of Rs. 39.50 and Rs. 37.25 respectively. So far 11634 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 66.90 on 22-Oct-2010 and a 52 week low of Rs. 27.75 on 26-Aug-2011.
Last one week high and low of the scrip stood at Rs. 39.50 and Rs. 34.10 respectively. The current market cap of the company is Rs. 104.30 crore.
The promoters holding in the company stood at 68.64% while Institutions and Non-Institutions held 2.45% and 28.90% respectively.
Cinemax India, a multiplex chain operator, is considering a proposal where it may demerge the theatre exhibition business of the company. The board will meet on September 30, 2011 to consider, discuss and transact the business.
Recently, the company had launched five screen multiplex at ‘Cinemax- Infiniti 2 Mall in Malad’ in Mumbai. The Multiplex is having a capacity of 824 seats including 40 recliner seats.
Cinemax India is among the largest exhibition theatre chains in India and is engaged in business of building, owning, and operating multiplexes, theatres and entertainment centres.
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