The company made this announcement after trading hours on Wednesday, 4 January 2012.

Meanwhile, the BSE Sensex was up 74.29 points, or 0.47% to 15,956.93

On BSE, 5,561 shares were traded in the counter as against average daily volume of 10,918 shares in the past one quarter.

The stock hit a high of Rs 33.30 and a low of Rs 31 so far during the day. The stock had hit a 52-week high of Rs 62.50 on 10 January 2011 and a 52-week low of Rs 25.80 on 20 December 2011.

The small-cap stock had outperformed the market over the past one month till 4 January 2012, falling 0.80% compared with Sensex's 5.72% decline. The scrip, however, underperformed the market over the past one quarter, sliding 10.71% as against Sensex's 0.11% return.

The company's current equity is Rs 28 crore. Face value per share is Rs 10.

Cinemax India's consolidated net profit surged 146.7% to Rs 6.07 crore on 58% rise in net sales to Rs 80.64 crore in Q2 September 2011 over Q2 September 2010.

Cinemax India operates and owns multiplexes in India.