PVR is currently trading at Rs 330.40, up by 5.50 points or 1.69% from its previous closing of Rs 324.90 on the BSE.
The scrip opened at Rs 328.00 and has touched a high and low of Rs 333.25 and Rs 328.00 respectively. So far 1383 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 375.00 on 15-May-2013 and a 52 week low of Rs 147.05 on 25-Jun-2012.
Last one week high and low of the scrip stood at Rs 339.50 and Rs 319.45 respectively. The current market cap of the company is Rs 1313.30 crore.
The promoters holding in the company stood at 31.04% while Institutions and Non-Institutions held 35.21% and 33.76% respectively.
PVR, multiplex chain operator is eyeing to add about 90 screens this year entailing an investment of Rs 250 crore, which will take its total screen count to over 450. The company, which had announced acquisition of Cinemax earlier this year, plans to rebrand some of Cinemax theatres in a phased manner.
PVR has picked up 7-8 Cinemax properties of the total 38 in Phase I that it will rebrand. These properties are located in cities like Delhi, Bangalore and Hyderabad.
PVR is looking for locations in Mumbai and Bangalore for expansion of its luxury offering ‘DC’. Though currently, it is very small at about Rs 25 crore in business, PVR believes it has the potential to become a Rs 200 crore brand in three years. DC (Director’s Cut) is a high-end format with theatres, restaurants, books and merchandise. The cinemas screen is independent and rare films along with mainstream movies.
| Company Name | CMP |
|---|---|
| PVR | 938.05 |
| Saregama India | 344.55 |
| Shemaroo Entertain. | 105.35 |
| Balaji Telefilms | 94.39 |
| UFO Moviez | 72.06 |
| View more.. | |
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