PVR surges on expanding preferred partnership agreement with Cinionic
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PVR is currently trading at Rs. 1789.75, up by 7.15 points or 0.40% from its previous closing of Rs. 1782.60 on the BSE.
The scrip opened at Rs. 1785.00 and has touched a high and low of Rs. 1818.40 and Rs. 1776.55 respectively. So far 34426 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. 1818.40 and Rs. 1665.90 respectively. The current market cap of the company is Rs. 11048.14 crore.
The promoters holding in the company stood at 17.01%, while Institutions and Non-Institutions held 60.76% and 22.23% respectively.
PVR has expanded preferred partnership agreement with laser cinema solutions provider Cinionic to power its 500 screens with Barco Series 4 4K laser projection. Barco Series 4 family from Cinionic is a next-generation 4K laser projection. Cinionic's laser projection delivers exceptional presentation quality with vivid colours, high brightness and clear on-screen images.
This announcement continues a long-standing partnership between PVR and Cinionic as together they work to elevate the cinematic experience for audiences in India.
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.
