PVR is currently trading at Rs. 1100.00, down by 59.50 points or 5.13% from its previous closing of Rs. 1159.50 on the BSE.
The scrip opened at Rs. 1128.20 and has touched a high and low of Rs. 1161.00 and Rs. 1093.00 respectively. So far 189311 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2121.00 on 20-Feb-2020 and a 52 week low of Rs. 719.50 on 19-May-2020.
Last one week high and low of the scrip stood at Rs. 1349.00 and Rs. 981.75 respectively. The current market cap of the company is Rs. 5771.13 crore.
The promoters holding in the company stood at 18.54%, while Institutions and Non-Institutions held 73.04% and 8.42% respectively.
PVR has cut salary across various levels, laid off employees and deferred increments during the lockdown to mitigate adverse impact of COVID-19 on the business. The company at present not generating any revenue from exhibition business and related activities as cinemas across the country are shut following the directions from the regulatory authorities.
According to the company, closure of screens during the lockdown will have a significant negative impact on profitability and liquidity. The company has taken measures to reduce its personnel cost, including salary cuts across various levels in the organisation during the lockdown along with 'reduction in headcount by way of layoffs/retrenchment' to mitigate the adverse impact of COVID-19 on the business.
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.
| Company Name | CMP |
|---|---|
| PVR | 1074.05 |
| Saregama India | 360.15 |
| Shemaroo Entertain. | 103.00 |
| Balaji Telefilms | 123.00 |
| UFO Moviez | 74.33 |
| View more.. | |
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