Cineline company of
the Kanakia group has
9 multiplexes in
Mumbai which are
leased to PVR
Cinemas. Apart from
its own multiplex
theatres company’s
Eternity Mall in
Nagpur was given for
rental basis to leading
brands this year and
enjoys 100%
occupancy.
The Company’s
income mainly
comprise of rental
income from
multiplexes and the
Eternity Mall. The
Cineline share is
currently trading at 6
times its FY15
earnings and 3 times
its EBITDA. It is
available at cheap
valuations as
compared to its peers
‐ PVR & Inox. The
Cineline stock has the
potential to give 100%
returns within a year.
MIND-BLOWING REVIEW OF LAST WEEK
Stock
|
Rec.
Rate
|
Achieved
|
Appreciation
in %
|
MARAL
OVER
|
35.70
|
37.25
|
4%
|
R
SYSTEMS
|
77.95
|
81.05
|
4%
|
J
K PAPER
|
44.65
|
48.25
|
8%
|
NAHAR
POLY
|
49.15
|
59.10
|
20%
|
SHILCHAR
TECH
|
181
|
202
|
12%
|
AMD
IND
|
28.65
|
36
|
26%
|
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