Cinemax India Limited

Cinemax IndiaStock analyst Rajat K Bose has strongly recommended ‘Cinemax India’ for intraday trading on Tuesday (27 Nov).

Investors wish to earn profit from this stock, can buy it on declines with a stop loss below Rs 121.50 for target of Rs 133.

Mr. Rajat also told that investors should not hold this stock for medium or long term as it is very risky to keep it for future. Buy it, make decent profit and sell it. This is the real mantra for this stock. Don’t buy it on upper levels.

Cinemax India, on Nov 21, has announced the launch of its three screen multiplex located at City Centre Mall, Vashi. The multiplex will be open to the viewers with the blockbuster movies like `Om Shanti Om` and `Goal`.

The multiplex is having capacity of 917 seats in total. The three screens multiplex will offer patrons out of this world experience `Cinemaxperience` which is true to Cinemax`s philosophy - Enjoy, Relax @ Cinemax.

With this Cinemax chain will have in total 16 theatre properties, 47 screens and 13,038 seats operational.

Further in very near future, the company is also coming with `Food Court` and the `Gaming Zone` (Giggles) in the multiplexes.

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