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PVR gains on the buzz of planning to boost 4DX footprint in India

13 Dec 2017 Evaluate

PVR is currently trading at Rs. 1306.05, up by 2.80 points or 0.21% from its previous closing of Rs. 1303.25 on the BSE.

The scrip opened at Rs. 1309.90 and has touched a high and low of Rs. 1320.00 and Rs. 1300.15 respectively. So far 3113 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1659.70 on 28-Apr-2017 and a 52 week low of Rs. 1011.05 on 26-Dec-2016.

Last one week high and low of the scrip stood at Rs. 1322.95 and Rs. 1264.00 respectively. The current market cap of the company is Rs. 6121.35 crore.

The promoters holding in the company stood at 20.25%, while institutions and non-institutions held 67.81% and 11.93% respectively.

PVR is reportedly set to boost its 4DX footprint in India. In this regard, the company will launch 16 additional 4DX screens at its best performing theatres in Delhi, Gurgaon, Bengaluru, Mumbai, Chandigarh and Pune. The company has announced the same at Cine Asia 2017 in Hong Kong, where it inked deal with CJ 4DPLEX.

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.

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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