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    Mukta Arts flops after weak Q1 outcome

    The company announced the result after market hours yesterday, 30 August 2017.

    Meanwhile, the S&P BSE Sensex was up 84.03 points, or 0.27%, to 31,730.49. The S&P Small-Cap index was up 133.99 points, or 0.84%, to 16,001.73. On BSE, 36,000 shares were traded in the counter, compared with average daily volume of 21,226 shares in the past one quarter. The stock hit a high of Rs 96.90 and a low of Rs 90.10 so far during the day. The stock hit a 52-week high of Rs 132.50 on 18 October 2016. The stock hit a 52-week low of Rs 72.15 on 2 September 2016.

    The stock had underperformed the market over the past one month till 30 August 2017, falling 4.89% compared with 2.85% decline in the Sensex. The scrip, however, underperformed the market in past one quarter, rising 2.09% as against Sensex`s 1.63% rise. The scrip, however, outperformed the market in past one year, surging 24.33% as against Sensex`s 11.23% rise.

    The small-cap company has equity capital of Rs 11.29 crore. Face value per share is Rs 5.

    Mukta Arts` consolidated net sales surged 82.84% to Rs 29.20 crore in Q1 June 2017 over Q1 June 2016.

    Mukta Arts is primarily engaged in the business of film production, distribution and exhibition.

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