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

Cineline India has informed to the exchanges regarding Opening of 4 - Screen multiplex, MovieMAX Gaziabad, Uttar Pradesh.

As per the filing, the company opened of 4 screen multiplex at "Pacific Mall", situated at Plot No.1, Site IV, Sahibabad Industrial Area, Sahibabad, Gaziabad, Uttar Pradesh with a capacity of 1,311 seats.

The cinema is equipped with recliner seats for enhanced comfort and 2K + 4K projectors that deliver high resolution, sharp and bright images. 

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

With this launch, MovieMax now is operational in 31 screens across 11 properties in 6 cities across India.

At around 3:22 PM, Cineline India was trading at Rs153.40 per share up by Rs5.75 or 3.89% from its previous closing of Rs147.65 per share on the BSE.