PVR rises on signing deal with Cinionic for fitting Barco projection systems

11 Dec 2018 Evaluate

PVR is currently trading at Rs. 1477.20, up by 3.25 points or 0.22% from its previous closing of Rs. 1473.95 on the BSE.

The scrip opened at Rs. 1475.00 and has touched a high and low of Rs. 1486.45 and Rs. 1465.05 respectively. So far 1424 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1567.50 on 24-Jan-2018 and a 52 week low of Rs. 1064.55 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1,512.10 and Rs. 1440.00 respectively. The current market cap of the company is Rs. 6889.03 crore.

The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 69.71% and 10.04% respectively.

PVR has signed a long-term alliance with Cinionic, a joint venture (JV) between Barco, Appotronics and CFG, for fitting Barco projection systems at 150 screens within 12 to 18 months. The company’s 150 screens at both new and existing will be outfitted with Barco's 2K, 4K and flagship laser projection.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

PVR Share Price

1569.80 10.30 (0.66%)
31-Oct-2024 16:01 View Price Chart
Peers
Company Name CMP
PVR 1569.80
Saregama India 539.50
Eros Internatl.Media 17.05
Shemaroo Entertain. 163.75
Balaji Telefilms 62.89
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