PVR moves up on the BSE

PVR is currently trading at Rs. 1050.00, up by 1.40 points or 0.13% from its previous closing of Rs. 1048.60 on the BSE.

The scrip opened at Rs. 1064.00 and has touched a high and low of Rs. 1068.90 and Rs. 1041.00 respectively. So far 3154 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1334.00 on 07-Sep-2016 and a 52 week low of Rs. 646.00 on 25-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1094.85 and Rs. 1036.00 respectively. The current market cap of the company is Rs. 4889.79 crore.

The promoters holding in the company stood at 25.25%, while institutions and non-institutions held 61.33% and 13.43% respectively.

Multiplex major PVR has inaugurated its fourth multiplex in Vadodara at Eva Mall making it the largest multiplex chain in the city with a total of 17 screens. With this launch, PVR cinemas now become the largest player in the state of Gujarat with 12 properties and 53 screens. The newly launched PVR property will be the first ECX (Enhanced Cinema Experience) sub-brand of PVR in Gujarat, which will redefine the cinema experience with its luxury interiors, state of the art sound and projection technology.

The cinema is spread across an area of 24,500 sq ft with a total capacity of 1067 seats. There are 29 recliner seats to provide extra comfort for discerning audience. The facility offers an added convenience to movie-goers with the availability of Quick Tix, a convenient instant ticketing solution allowing patrons to enter the theatre, avoiding long queues. The customers can also avail the facility of redeeming PVR gift cards and privilege cards at the newly launched property. The multiplex also boasts of many firsts including the latest 7.1 Digital surround sound and Dolby ATMOS technology, 4K projection systems and the Next Generation 3D enabled screens for the best cinematic experience in the entire state. The new multiplex will also include a wide array of F&B including extensive range of gourmet food options.

PVR is the largest and the most premium film and retail entertainment company in India. The company is engaged in the business of film exhibition. The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. Currently, the company has achieved the status of being India’s largest cinema chain.