Mukta Arts up 5%; opens two new properties in Maharashtra

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Moneycontrol BureauShare price of Mukta Arts gained nearly 5 percent intraday Monday as its division Mukta Cinemas has opened two screen property at Goregaon (Topiwala) on August 25, 2016 and three screen property at Panvel on August 27, 2016.With theses two properties and five screens, the company has total of 16 properties and bringing the screen count to 43.After this successful opening, the company is gearing up to open its Bahrain property during early September through its wholly owned subsidiary based at Bahrain.The company's 34th annual general meeting (AGM) is scheduled to be held on September 09, 2016.At 12:17 hrs Mukta Arts was quoting at Rs 73.10, up Rs 2.55, or 3.61 percent on the BSE.Posted by Rakesh Patil