PVR gains on inaugurating multiplex at The RahulRaj Mall at Surat

23 Aug 2011 Evaluate

PVR is currently trading at Rs 118.00, up by 0.65 points or 0.55% from its previous closing of Rs 117.35 on the BSE.

The scrip opened at Rs 119.60 and has touched a high and low of Rs 119.60 and Rs 117.00 respectively.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 193.00 on 07-Sep-2010 and a 52 week low of Rs 93.50 on 21-Mar-2011.

Last one week high and low of the scrip stood at Rs 119.60 and Rs 108.00 respectively. The current market cap of the company is Rs 302.43 crore.

The promoters holding in the company stood at 42.69% while Institutions and Non-Institutions held 23.37% and 33.94% respectively.  

PVR has inaugurated another prestigious multiplex on August 22, 2011 at ‘The RahulRaj Mall’ 3rd Floor, Surat Dumas Road, Village Rundh, Surat District in the State of Gujarat. This multiplex is comprised of eight screens, fitted with latest sound and projection system. The multiplex has total seating capacity of 1,735 seats. With the opening of this multiplex at ‘The RahulRaj Mall’ the total screens count has gone upto 154 screens at 35 locations across 20 cities in 12 states and 1 union territory.

The opening of this multiplex is a part of PVR’s organic growth strategy of pan India expansion and increasing its presence in major cities. Audiences in Surat will enjoy to a new cinematic wave that PVR theaters will offer.

PVR 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. It currently owns 101 screens across 14 cities and many more are in the offing.

PVR Share Price

1451.80 5.70 (0.39%)
22-Nov-2024 13:19 View Price Chart
Peers
Company Name CMP
PVR 1451.80
Saregama India 456.35
Eros Internatl.Media 14.48
Shemaroo Entertain. 161.45
Balaji Telefilms 63.62
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