PVR shines on opening first 12-screen superplex in Kerala
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PVR is currently trading at Rs. 1868.40, up by 46.90 points or 2.57% from its previous closing of Rs. 1821.50 on the BSE.
The scrip opened at Rs. 1830.05 and has touched a high and low of Rs. 1875.00 and Rs. 1830.00 respectively. So far 11519 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. 1224.70 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 1875.00 and Rs. 1711.80 respectively. The current market cap of the company is Rs. 11142.64 crore.
The promoters holding in the company stood at 16.97%, while Institutions and Non-Institutions held 63.42% and 19.59% respectively.
PVR has opened its first 12-screen superplex in the city of Kerala at Lulu Mall, Thiruvananthapuram. The cinema will commence operations from December 5, 2022. Strengthening its foothold across markets, the new property is served in a luxuriously palatial setting with the highest standard of entertainment making it the city’s most advanced cinema. The 12- screen property is an innovative excellence; hosting international formats like IMAX and 4DX, 2 of PVR’s luxury formats, LUXE intended for an audience segment that desires a great and exclusive experience. The other 8 screens provide utmost comfort with last row recliners.
With this launch, PVR Cinemas has augmented its presence in the city of Thiruvananthapuram with 14 screens across 2 properties and consolidated its foothold in Kerala with 27 screens in 4 properties and 311 screens across 50 properties in South.
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.
