Prudent Corporate Advisory Services Ltd, Tracxn Technologies Ltd, Delta Manufacturing Ltd and Cineline India Ltd are among the other gainers in the BSE’s ‘B’ group today, 02 November 2022.

Starlit Power Systems Ltd leads gainers in ‘B’ group

In addition to this, the Audi’s are equipped with 7.1 Dolby sound and 3D technology, the company stated.

Cineline India opens 4-Screen multiplex, MovieMAX in Gaziabad; Stock jumps near 4%

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Buzzing stocks: Hindustan Copper, Cineline India, India Pesticides, KIOCL, Krsnaa Diagnostics, Zee Entertainment, Wockhardt, RITES, Ashoka Buildcon

Stocks that will see action on June 8, 2022

Making a comeback to the exhibition business, the company plans to add 100 screens a year, is open for merger

Cineline India makes a new screen play

Multiplex operator PVR on Friday said it has discontinued operations of 23 screens across nine properties after the expiry of their lease with Cineline India. After this, PVR’s screen count as on date has come down to 848 at 172 properties in 73 cities, the company said in a regulatory filing.

PVR discontinues operations of 23 screens after expiry of lease with Cineline India

Cineline India, a part of Kanakia Group, had earlier announced reentering the film exhibition business with a new brand identity

PVR discontinues operations of 23 screens after lease expiry with Cineline

Cineline India Consolidated December 2021 Net Sales at Rs 19.03 crore, up 296.92% Y-o-Y

The Company was present in the film exhibition business through its ‘Cinemax’ Brand since 1997.

Cineline India re-enters Film Exhibition Business; Stock surges near 5%

Cineline India Consolidated June 2021 Net Sales At Rs 2.62 Crore, Down 22.25% Y-o-Y

Cineline India Standalone June 2021 Net Sales At Rs 1.26 Crore, Down 62.69% Y-o-Y

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Cineline India Limited is engaged in real estate development business. The Company operates through two business segments: Retail space division and Windmill division.