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PVR spurts on plan to invest Rs 250 crore for opening new screens this fiscal

13 Jun 2016 Evaluate

PVR is currently trading at Rs 948.50, up by 13.25 points or 1.42% from its previous closing of Rs 935.25 on the BSE.\

The scrip opened at Rs. 944.00 and has touched a high and low of Rs. 954.55 and Rs. 921.20 respectively. So far 6411 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 945.60 on 08-Jun-2016 and a 52 week low of Rs. 616.60 on 29-Jun-2015.

Last one week high and low of the scrip stood at Rs. 945.60 and Rs. 880.35 respectively. The current market cap of the company is Rs. 4425.64 crore.

The promoters holding in the company stood at 25.73%, while Institutions and Non-Institutions held 59.20% and 15.07% respectively.

Multiplex chain operator PVR has set aside a capital expenditure of up to Rs 250 crore for the current fiscal for opening new screens and refurbishing the existing ones. The company will add 65 screens this fiscal year, in which 8 screens have already been added with PVR Panvel and PVR Cinemas at Singapore Mall, Lucknow.

PVR has recently acquired 32 screens of DT Cinemas at a revised consideration of Rs 433 crore, after the Competition Commission had approved PVR’s proposed acquisition of DT Cinemas from DLF while directing the companies to exclude certain assets from the deal to address anti-competitive concerns.

 

PVR Share Price

1074.05 7.60 (0.71%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 1074.05
Saregama India 360.15
Shemaroo Entertain. 103.00
Balaji Telefilms 123.00
UFO Moviez 74.33
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