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PVR rises on completing acquisition of 71.69% stake in SPI Cinemas

20 Aug 2018 Evaluate

PVR is currently trading at Rs. 1326.60, up by 19.45 points or 1.49% from its previous closing of Rs. 1307.15 on the BSE.

The scrip opened at Rs. 1309.00 and has touched a high and low of Rs. 1349.95 and Rs. 1302.55 respectively. So far 25692 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1567.50 on 24-Jan-2018 and a 52 week low of Rs. 1064.55 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1,349.95 and Rs. 1,279.05 respectively. The current market cap of the company is Rs. 6253.62 crore.

The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 70.15% and 9.60% respectively.

PVR has completed the acquisition of 71.69% stake of South India based chain SPI Cinemas, of which 61.65% constituting of the paid-up share capital of SPI from SS Theatres LLP and 10.04% of the paid-up share capital of SPI from SV Swaroop Reddy.

SPI Cinemas operates 76 screens across 17 properties in 10 cities under several brands such as Sathyam, Escape, Palazzo, The Cinema and S2 Cinema.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

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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