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PVR soars on plan of adding five IMAX theatres by the end of 2019

PVR Inox Ltd. | Film Production, Distribution & Entertainment | Media | BSE: 532689 | NSE: PVRINOX

27 Apr 2017 Evaluate

PVR is currently trading at Rs. 1620.00, up by 31.70 points or 2.00% from its previous closing of Rs. 1588.30 on the BSE.

The scrip opened at Rs. 1595.00 and has touched a high and low of Rs. 1636.00 and Rs. 1592.00 respectively. So far 18711 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1636.00 on 27-Apr-2017 and a 52 week low of Rs. 806.60 on 27-Apr-2016.

Last one week high and low of the scrip stood at Rs. 1636.00 and Rs. 1550.00 respectively. The current market cap of the company is Rs. 7573.05 crore.

The promoters holding in the company stood at 20.15%, while institutions and non-institutions held 68.74% and 11.11% respectively.

PVR has entered into an agreement with the IMAX Corporation to add five more IMAX theatres by the end of 2019. At present, the company runs four IMAX screens in the country with a fifth screen installed and ready for operation in the coming weeks. This deal with PVR Cinemas marks one of the largest single theatre signings for IMAX in the country, bringing the total number of IMAX theatres to 26, with 11 currently open and 15 contracted to open.

With addition of five more IMAX theatres, PVR will reach a count of 10 IMAX screens and will retain its position as the largest IMAX partner in India. Two of the five new screens will be rolled out by August and the rest will follow. The new IMAX theatres are planned to be located in metros like Delhi and will comprise a combination of new and existing PVR properties.

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.

PVR Share Price

938.05 -12.75 (-1.34%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
PVR	938.05
Saregama India	344.55
Shemaroo Entertain.	105.35
Balaji Telefilms	94.39
UFO Moviez	72.06
View more..

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PVR soars on plan of adding five IMAX theatres by the end of 2019

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