Mukta Arts is currently trading at Rs. 104.05, up by 10.00 points or 10.63% from its previous closing of Rs. 94.05 on the BSE.
The scrip opened at Rs. 94.20 and has touched a high and low of Rs. 108.60 and Rs. 94.20 respectively. So far 156212 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 132.50 on 18-Oct-2016 and a 52 week low of Rs. 56.00 on 30-May-2016.
Last one week high and low of the scrip stood at Rs. 108.60 and Rs. 90.00 respectively. The current market cap of the company is Rs. 235.97 crore.
The promoters holding in the company stood at 70.37%, while Institutions and Non-Institutions held 0.06% and 29.58% respectively.
Mukta Arts’ wholly-owned subsidiary-Mukta A2 Cinemas has formed a Limited Liability Partnership (LLP) with Asian Cinemas, one of the biggest cinema brands of South India, to make over 25 single screens across the southern circuit in 18 months.
Asian Cinemas is known for providing world class movie experience at an affordable price and in a very short span of time have marked their presence in the industry as well as in the audience's hearts. The Hyderabad based Media and Entertainment Company owns a chain of multiplexes and cineplexes across South India.
Mukta Arts is engaged in various areas of film making such as production, distribution, exhibition and imparting education.