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UFO Moviez India Ltd. ( (IN:UFO) ) has issued an announcement.
UFO Moviez India Limited has entered into a strategic alliance with Miraj Cinemas, securing exclusive advertising rights across 239 screens in 49 cities and 72 locations. This partnership expands UFO Moviez’s cinema advertising network to over 4,000 screens, solidifying its position as the largest in-cinema advertising network in India. The collaboration enhances UFO’s multiplex screen portfolio to over 2,500 screens, strengthening its reach in key Tier 1 and Tier 2 markets. This development is expected to create new opportunities for brands to invest strategically across the expanded network, marking a significant milestone in UFO Moviez’s growth journey.
More about UFO Moviez India Ltd.
UFO Moviez India Limited is India’s largest in-cinema advertising platform, impacting nearly 1.8 billion viewers annually through its network of 3,795 screens, including multiplex and single screens across 1,346 cities. The company pioneered cinema digitization with satellite technology in India and provides end-to-end cinema solutions. Its extensive reach and innovative approach make it a significant influencer in the cinema advertising industry.
Average Trading Volume: 12,128
Technical Sentiment Signal: Sell
Current Market Cap: 3.07B INR
For an in-depth examination of UFO stock, go to TipRanks’ Overview page.