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UFO Moviez slips after weak Q2 earnings

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Capital Market

UFO Moviez India lost 4.46% to Rs 464.55 at 11:15 IST on BSE after consolidated net profit fell 47.77% to Rs 10.20 crore on 13.04% decline in total income from operations to Rs 139.18 crore in Q2 September 2017 over Q2 September 2016.

The result was announced after market hours yesterday, 30 November 2017.

Meanwhile, the S&P BSE Sensex was down 22.35 points or 0.07% at 33,127.

On the BSE, 70,000 shares were traded on the counter so far as against the average daily volumes of 80,000 shares in the past two weeks. The stock had hit a high of Rs 485 and a low of Rs 453 so far during the day. The stock had hit a 52-week high of Rs 500 yesterday, 30 November 2017 and a record low of Rs 316 on 11 August 2017.

 

UFO Moviez India is a leading digital cinema distribution network and in-cinema advertising platform in India in terms of number of screens.

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First Published: Dec 01 2017 | 11:11 AM IST

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