PVR shines on planning to open as many as 125 screens in FY23
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PVR is currently trading at Rs. 1874.15, up by 35.35 points or 1.92% from its previous closing of Rs. 1838.80 on the BSE.
The scrip opened at Rs. 1850.15 and has touched a high and low of Rs. 1881.00 and Rs. 1848.05 respectively. So far 2290 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2010.35 on 28-Mar-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. 1884.80 and Rs. 1814.50 respectively. The current market cap of the company is Rs. 11229.21 crore.
The promoters holding in the company stood at 17.01%, while Institutions and Non-Institutions held 60.76% and 22.23% respectively.
PVR is planning to open as many as 125 screens during FY23 as it expects the movie exhibition industry to bounce back ‘dynamically’ in the year. It will be the company’s highest ever tally in a year. PVR has already ramped up operations in a significant way as it saw audiences come back to theatres after the third wave of COVID-19.
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.
