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PVR evaluating proposals to buy cinema chain

14 Sep 2010 Evaluate

PVR Ltd is evaluating proposals to acquire a cinema chain in the country though talks are at its primitive stage.

 

The talks with DT Cinemas, owned by India’s top realtor DLF, have though not been revived yet. Earlier this year, PVR and DT Cinemas had mutually agreed to end a deal struck in November to buy DLF’s cinema exhibition business.

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Peers
Company Name CMP
PVR Inox 1488.30
Saregama India 535.75
Shemaroo Entertain. 98.00
UFO Moviez India 61.82
Tips Music 790.60
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