PVR is currently trading at Rs. 747.10, up by 29.80 points or 4.15% from its previous closing of Rs. 717.30 on the BSE.
The scrip opened at Rs. 725.00 and has touched a high and low of Rs. 751.00 and Rs. 725.00 respectively. So far 5696 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 751.00 on 12-Jan-2015 and a 52 week low of Rs. 465.00 on 31-Mar-2014.
Last one week high and low of the scrip stood at Rs. 751.00 and Rs. 694.00 respectively. The current market cap of the company is Rs. 2969.40 crore.
The promoters holding in the company stood at 29.01% while Institutions and Non-Institutions held 30.90% and 40.09% respectively.
PVR is all set to acquire Chennai’s premier movie exhibition company SPI Cinemas, popularly known as Sathyam Cinemas, in what could end up to be the biggest deal in Bijli’s career as well for India’s multiplex sector. The deal may close for a steep valuation of around Rs 750-1,000 crore for just 40 odd screens, located predominantly in the Southern metro.
Last month Carnival Cinemas paid a little over Rs 700 crore to buy out Anil Ambani’s Big Cinemas that has 242 screens across the country.
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.
