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.

SI Reporter  |  Mumbai 

Cinemax India 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, said in a statement.

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.

RECOMMENDED FOR YOU

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.

Cinemax India 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.

Cinemax India 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, said in a statement.

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.

image
Business Standard
177 22

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.

Cinemax India 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, said in a statement.

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.

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard