UFO Moviez (NSE:UFO, BOM:539141) signed a deal with Gofilex for the electronic delivery of movies in India and Nepal, according to a press release filed with the Indian bourses on Tuesday.
The digital cinema distribution also plans to use Gofilex to deliver international content in India and Indian films to cinemas internationally, the release said.
Shares of the company went up 1% at close of trade.
Price (INR): â¹126.43, Change: â¹+1.27, Percent Change: +1.01%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments