Nirmal Bang has maintained its ‘Buy’ rating on Adlabs Films Limited to achieve a target between Rs 230-270 within 1-5 days.

Traders can buy the stock on dips with a stop loss of Rs 182.

Shares of the company, on Wednesday (April 08), closed at Rs 198.25 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 789.50 and a low of Rs 130.15 on BSE.

The report also said that a big move is expected if the stock maintains above Rs208.

Adlabs Films USA Inc, on April 06, announced that it signed a deal with ‘Aryaki Arts’ to get hold of the US theatrical screening rights for Chandra Sekhar Yeleti's forthcoming movie ‘Prayanam’.

Chandra Sekhar Yeleti the critically acclaimed master story teller is Directing and Producing the film in his home banner ‘Aryaki Arts’.

Adlabs Films USA Inc , part of Adlabs Films Ltd, a member of the Reliance Anil Dhirubhai Ambani Group, is India 's fastest growing film entertainment company with a dominant position in Film Processing and DI services and Digital Cinema mastering; television content and is India 's largest cinema chain, BIG Cinemas, with over 390 screens across US, India and Malaysia .

In Feb 2009, BIG Cinemas, India`s leading cinema chain, part of the Reliance Anil Dhirubhai Ambani Group and India’s leading entertainment conglomerate Adlabs Films, opened two top-of-the-line four-screen cinemas in Greater Noida and Zirakpur, Chandigarh.

BIG Cinemas has 198 screens spread all over 78 properties countrywide, comprising 23 film theatres and 56 screens in 17 cities across North India.

Adlabs Films provide feature films, television, entertainment and other related services in India. The Group operates in three sections. Film Facilities processes raw exposed films, colour correction, editing, digital processing, equipment rental, copying and printing of positive exhibitions prints and trading in raw film rolls.