Cineline India Limited [CINELINE.NS] Stock Forecast

Cineline India Limited, together with its subsidiaries, engages in the ownership and leasing of real estate properties in India. It is involved in renting out commercial and retail properties, and parking and advertising spaces in high-street malls. The company owns and leases nine theatres, which include seven in and around Mumbai, as well as one each in Nasik and Nagpur to PVR Cinemas; and owns a mall under the Eternity Mall name located in Nagpur, two commercial properties in Mumbai, as well as provides maintenance services. It also generates renewable energy through a windmill with capacity of 1.65 MWA located at Revangaon in Maharashtra; and a windmill with capacity of 0.60 MWA situated at Viswada in Gujarat. The company was formerly known as Cinemax Properties Limited and changed its name to Cineline India Limited in March 2013. Cineline India Limited was incorporated in 2002 and is headquartered in Mumbai, India.