PVR is currently trading at Rs. 718.00, up by 4.35 points or 0.61% from its previous closing of Rs 713.65 on the BSE.
The scrip opened at Rs 713.00 and has touched a high and low of Rs 730.00 and Rs 708.90 respectively. So far 6403 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 888.90 on 03-Nov-2015 and a 52 week low of Rs. 608.95 on 06-May-2015.
Last one week high and low of the scrip stood at Rs. 730.00 and Rs. 703.15 respectively. The current market cap of the company is Rs. 3317.99 crore.
The promoters holding in the company stood at 26.03% while Institutions and Non-Institutions held 59.26% and 14.71% respectively.
PVR is reportedly looking to double its screen count in the next three years to reach 1,000 screens. PVR, which launched a 15-screen property in Noida on March 27, now has 516 screens under its belt.
Leading multiplex player is planning to add 70-80 screens per year organically. The per screen cost is around Rs 2-2.5 crore, so the company will not need to raise money to fund organic growth, its internal accrual will take care of that.
PVR is the largest and the most premium film and retail entertainment company in India. The company 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.
