MoneyWorks4Me

PVR rises on opening multiplex in Punjab, Assam

02 Apr 2019 Evaluate

PVR is currently trading at Rs. 1666.00, up by 14.00 points or 0.85% from its previous closing of Rs. 1652.00 on the BSE.

The scrip opened at Rs. 1660.00 and has touched a high and low of Rs. 1672.70 and Rs. 1659.45 respectively. So far 2432 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1707.00 on 19-Mar-2019 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. 1678.00 and Rs. 1570.20 respectively. The current market cap of the company is Rs. 7721.21 crore.

The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 70.01% and 9.74% respectively.

PVR has opened 4 screens multiplex in Punjab and 5 screens multiplex in Guwahati in the state of Assam on March 31, 2019. These multiplexes are equipped with BARCO 2K projection system, next-generation 3D-enabled screens and 7.1 Digital Dolby surround sound in all auditoriums. PVR now operates the largest multiplex network with of 758 screens at 162 properties in 65 cities.

The company has closed the operations of two of its properties i.e. Red Carpet in Ahmedabad (4-screens) and Casino Cinemas in Chennai (1-screen) from April 1, 2019.

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.

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
View more..