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PVR to invest Rs 70-75 cr in bowling alley business

03 Oct 2011 Evaluate

PVR is looking to expand operations of its bowling alley arm, PVR BluO, across cities like Bangalore, Pune, Chennai and Mumbai with plans to invest about Rs 75 crore over the next three years. At present, PVR has two centres. Over the next 2-3 years, PVR BluO plans to have 250 lanes operational, compared to the current 50 and work has already begun on four centres.

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
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