71.7400 -0.57 (-0.79%)
NSE Jul 04, 2025 15:31 PM
Volume: 78,238
 

71.74
-0.79%
IDBI Capital
We cut our FY18/19E EBITDA by 12.8%/13.6%. We introduce FY20 financials and now forecast FY18-20E CAGR of 16%/24% in EBITDA/EPS. UFO Moviez now expects the merger with Qube Cinema to be completed in Q3FY19 vs. Q1FY19 earlier. We continue to believe that the merger would be a game changer for UFO Moviez. We remain confident of UFO Moviez's advertisement revenue growth improving to 27.8% YoY in FY19E and 32.4% in FY20E. Key Highlights and Investment Rationale Continue to believe that merger with Qube Cinema will be a game-changer...
UFO Moviez India Ltd. is trading above its 100 day SMA of 71.7
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