Ajay Bijli-controlled multiplex chain PVR is in talks to acquire DT Cinemas, a wholly-owned subsidiary of
A deal will help PVR strengthen its position in the national capital region (NCR), while allowing DLF to exit non-core business. Like most real estate developers, DLF is also looking at focussing on realty projects and exit allied businesses.
PVR currently runs 108 screens across the country and plans to have 165 screens by the end of this fiscal. DT Cinemas runs 26 screens across five locations in the NCR region and one in
The multiplex business is highly capital intensive and profit margins are dependent on the kind and number of movies released. Since it is difficult to sustain the business only on movie ticket revenues, several players, such as PVR and Inox, have ventured into movie production and distribution.crackcrack
| Company Name | CMP |
|---|---|
| PVR | 938.75 |
| Saregama India | 331.90 |
| Shemaroo Entertain. | 101.95 |
| Balaji Telefilms | 94.80 |
| UFO Moviez | 70.02 |
| View more.. | |
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