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PVR inches up on expanding footprint in distribution business of Indian films

16 Jul 2019 Evaluate

PVR is currently trading at Rs. 1728.00, up by 0.40 points or 0.02% from its previous closing of Rs. 1727.60 on the BSE.

The scrip opened at Rs. 1709.20 and has touched a high and low of Rs. 1734.00 and Rs. 1705.50 respectively. So far 3526 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1833.80 on 20-May-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. 1762.20 and Rs. 1659.00 respectively. The current market cap of the company is Rs. 8056.70 crore.

The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 70.34% and 9.40% respectively.

PVR is expanding in the distribution business of Indian films and expects a substantial jump in the operations of its arm PVR Pictures. PVR Pictures, which was earlier focusing on the distribution of foreign films only, is now also working with leading producers for Hindi and regional movies.

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
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