Mukta Arts hits 10% upper circuit on launch of nine new screens across India

The screen count of Mukta A2 Cinemas goes up to 55 screens.

November 25, 2021 2:33 IST India Infoline News Service

Mukta A2 Cinemas Limited a subsidiary of Mukta Arts Limited has announced the launch of its new properties at Ahmedabad, Punjab and Orissa. Mukta A2 Cinemas opened today its 4 screen property at Rajyash Rise in Ahmedabad.

Also, after resumption of cinema operations post lockdown period the company has opened 2 screens Multiplex at Ropar, Punjab on August 19, 2021 and 3 Screen multiplex at Raygada, Orissa on October 28, 2021.

With addition of these above mentioned 9 screens, the screen count of Mukta A2 Cinemas goes upto 55 screens apart from 6 in Bahrain and 14 screens under its JV with Asian Cinemas. So total screen count goes to 75 screens in all.

At around 2:35 PM, Mukta Arts was trading at Rs50.80 apiece up by Rs4.6 or 9.96% on Sensex.

Related Story

Get Access to Stock Reports+ and Customised Investment Ideas