Business Standard

Cinemax India surges post Q2 results, stock doubles in 12 days

September 2012 quarter net profit at Rs 13.39 crore against Rs 7.98 crore in June 2012 quarter.

Read more on:    Pvr | Reliance Mf | Cinemax India
Related News

has locked in 10% upper circuit at Rs 151 after reporting a 68% quarter-on-quarter (qoq) growth in net profit at Rs 13.39 crore for the second quarter ended September 2012. The company engaged in theatre exhibition business had profit of Rs 7.98 crore in June 2012 quarter.

The company’s total income from operations grew 19% at Rs 100 crore in September from Rs 84 crore in the previous quarter, Cinemax India said in a statement.

Cinemax India is the resultant entity carrying the demerged theatre exhibition business of Cinemax Properties with effect from 1 April 2012.

Meanwhile, the stock has been more than doubled from Rs 74 after Reliance Media & Entertainment Fund had acquired 158,097 shares of the company for Rs 1.22 crore on October 29.

A combined 817,511 shares have already changed hands on the counter so far and there are pending buy orders for 178,043 shares on the BSE and NSE at 1510 hours.

Read more on:   
|
|

Read More

BSE launches carbon index

Premier bourse BSE, in collaboration with the UK government, today launched BSE Carbonex, the first-of-its-kind index in India or any emerging market ...

Quick Links

 

Market News

FIIs bullish on ICICI Bank; stake hits 6-year high

During quarter ended March, the stock gains 13.3% compared with the Bankex's 12% rise

MSCI rejig worries weigh on HDFC Bank stock

As of March 31, FII holding was 34%, against 34.9% in the previous quarter

Fund pick: UTI MNC Fund

Portfolio concentration high, but returns superior

Sensex jumps 352 pts on US Fed assurance

The US central bank's comments, coupled with hopes of a rating upgrade, infused optimism and ended a three-day selling spree by FIIs

5 companies get Sebi go-ahead for IPOs this year

According to analysts, the IPO market may see a revival this year

Back to Top