Sundaram Mutual Fund (MF) has acquired 576,202 shares representing 1.4% stake in PVR at Rs 603 per share through open market.
On October 10, 2014 Sundaram Select Midcap purchased 347,519 shares of PVR at Rs 603 per share, while Sundaram Mutual Fund A/c Sundaram Select Microcap Series VI bought 228,683 shares of the company at Rs 603 per share on the BSE.
PVR is engaged in the business of film exhibition. The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. Currently, the company has achieved the status of being India’s largest cinema chain.
