Query Trends : Cinemax

Query : What is the future of Cinemax India? I have bought 200 shares at Rs.119/. Ajay Kumar

Thebullishtrends : Cinemax India shares closed today at Rs.147. Part of Kanakia Group Cinemax India having 51 screens and having 13,907 seating capacity at 17 locations in Mumbai issued shares at Rs.155 at upper price band in last year. After the listing of shares in stock exchanged it fell down to below par.

You have taken Cinemax in a better price. Cinemax plans are on the way. Hold this scrip till April'08