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Mukta A2 Cinema strengthens digital payments associations; partners with Mobikwik Wallet

Mukta A2 Cinema, the cinema exhibition arm of Mukta Arts Ltd. - one of India's most reputed and esteemed film banners, announces their association with a leading digital wallet company, Mobikwik. The cinema chain recently expanded their presence and now has 48 screens in their network.

Cinema patrons can avail a cash back offer of 15% when they use the Mobikwik Wallet to make payments at any Mukta A2 cinema theater. Following the digital payments route, the cinema chain has associated with the digital wallet company to offer patrons multiple payment choices and various offers when they book tickets across the popular cinema chain.

Speaking about the association, Rahul Puri, MD of Mukta Arts Ltd. said, "We are glad to partner with a reputed digital wallet company like Mobikwik. With this association we hope to offer our patrons an additional benefit when they visit our cinemas. Following the digital payments push implemented by the government, we are glad to create these associations and provide our patrons alternate methods for payments."

Mukta A2 Cinemas is now successfully operating in 14 cities making a PAN India presence to cater to the myriad needs of movie buffs across the country. The company also operates a property in the Middle East at Juffair Mall, Manama, Bahrain with six screens and a seating capacity of 960 people.

Shares of MUKTA ARTS LTD. was last trading in BSE at Rs.103.25 as compared to the previous close of Rs. 102.85. The total number of shares traded during the day was 29811 in over 450 trades.

The stock hit an intraday high of Rs. 108 and intraday low of 102.7. The net turnover during the day was Rs. 3138024.

Source: Equitybulls.com

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