Mukta Arts shares experienced a remarkable surge of 18.2%, reaching ₹95.70 per share intraday on the BSE. This significant spike followed the announcement of a crucial deal between Mukta Arts and Zee Entertainment Enterprises.
The agreement pertains to the satellite and media rights of 37 films from Mukta Arts, which will be licensed to Zee for a limited six-year period starting from August 25, 2027. This development has piqued investor interest, highlighting the potential benefits for those looking to buy shares online.
Financial details of the Zee deal
Although Mukta Arts has kept the total transaction value under wraps, it did reveal that the deal is 25% higher in value than their previous agreement with Zee. The deal is expected to bring significant revenue to the company, further solidifying its standing in the entertainment industry.
For those interested in investing in stocks, the rising share price makes now a potentially good time to buy shares online and become part of this growth story.
The legacy of Subhash Ghai and Mukta Arts
Founded by legendary filmmaker Subhash Ghai, Mukta Arts has long been a cornerstone of Indian cinema. Established on September 7, 1982, the company has been involved in producing iconic films, distributing content, and offering top-notch film production services.
It was also the first Hindi film production company to go public, allowing everyday investors to buy shares online and participate in the film industry's success. This new deal with Zee further enhances the company’s profile, providing fresh opportunities for potential investors.
Diversified business operations
In addition to film production, Mukta Arts is involved in equipment rentals and operates its state-of-the-art studio, AUDEUS, which is equipped with cutting-edge technology for film production and post-production. The company’s expansion into film distribution has further diversified its revenue streams.
With such a strong foundation, Mukta Arts continues to be a formidable player in the entertainment sector. Investors who wish to capitalise on its success should consider exploring platforms where they can buy shares online to join this entertainment powerhouse.
Financial performance and stock metrics
Mukta Arts reported a revenue of ₹27.52 crore in FY24, with a net profit of ₹10.33 crore. In the first quarter of FY25, the company achieved net sales of ₹7.02 crore and a net profit of ₹0.98 crore. Its market capitalisation stands at ₹214.90 crore, according to the Bombay Stock Exchange (BSE).
The stock’s price-to-earnings (P/E) ratio is 20.31, with an earnings per share (EPS) of ₹3.98. The stock's 52-week high is ₹98.35, and its low is ₹61, making it a compelling choice for investors looking to buy shares online.
Current market movement
At 9:57 AM, Mukta Arts shares were trading 17.09% higher at ₹94.74. In comparison, the BSE Sensex showed a modest rise of 0.05%, reaching 84,957 levels. This strong performance by Mukta Arts reflects growing investor confidence in the company following its deal with Zee.
If you’re considering adding Mukta Arts to your portfolio, now could be an opportune time to buy shares online, as the company’s stock appears to be on an upward trajectory.
Why invest in Mukta Arts now?
With a well-established reputation, diversified operations, and a recent high-profile deal with Zee, Mukta Arts offers an attractive investment opportunity. For those who want to ride the wave of this growth, the ability to buy shares online provides a convenient way to invest in the company.
As Mukta Arts continues to expand its influence in the entertainment sector, investors can expect strong returns in the future. Whether you’re an experienced trader or new to investing, purchasing shares of Mukta Arts could be a strategic move.
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