UFO Moviez India (UFO), largest digital movie distribution network and in-cinema advertising platform in India, made a poor debut on the stock markets on Thursday. At the NSE, shares settled at a discount of 3.44% to Rs 603.5 when compared with issue price of Rs 625 a share.
Stock opened at Rs 600 a share, down 4% from the issue price. It recorded a high of Rs 622.90 and a low of Rs 586. A total of 5.14 million shares exchanged hands at the NSE.
UFO Moviez India (UFO) is one of the largest digital movie distribution networks and in-cinema advertising platforms in India.