05-02-2023 04:25 PM | Source: Accord Fintech
PVR INOX surges on launching new 6-screen multiplex in New Delhi
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PVR Inox is currently trading at Rs. 1470.00, up by 6.55 points or 0.45% from its previous closing of Rs. 1463.45 on the BSE.

 

The scrip opened at Rs. 1463.40 and has touched a high and low of Rs. 1472.45 and Rs. 1449.65 respectively. So far 25010 shares were traded on the counter.

 

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1431.55 on 27-Apr-2023.

 

Last one week high and low of the scrip stood at Rs. 1507.35 and Rs. 1431.55 respectively. The current market cap of the company is Rs. 14332.93 crore.

 

The promoters holding in the company stood at 27.46%, while Institutions and Non-Institutions held 61.39% and 11.15% respectively.

 

PVR INOX has launched a new 6-screen multiplex at Vishal Enclave near Rajouri Garden in New Delhi. Elevating one of the prominent neighborhood single screen cinemas in West Delhi, the cinema has been upgraded to a multiplex with a whole new level of luxury. The multiplex features two premium formats, IMAX and MX 4D, the third of its kind in Delhi.

 

The new cinema will augment PVR INOX foothold in New Delhi to a total of 25 cinemas across 97 screens. With this opening, PVR INOX consolidates its presence in North India with a total of 449 screens in 102 properties. 

 

The cinema is located at Vishal Enclave, one of the most affluent localities of West Delhi besides the Rajouri Garden Metro Station. The new multiplex has six impressively-designed auditoriums with a total of 979 seats with recliners available in one of the auditoriums. The auditoriums are equipped with advanced Laser Projection system for razor-sharp visuals.

 

PVR completed the merger of INOX Leisure Limited, effective February 06, 2023. The merged entity is the largest film exhibition company in India.