PVR trades higher despite weakness over Dalal Street
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PVR is currently trading at Rs. 1540.80, up by 11.20 points or 0.73% from its previous closing of Rs. 1529.60 on the BSE.
The scrip opened at Rs. 1528.00 and has touched a high and low of Rs. 1543.35 and Rs. 1521.70 respectively. So far 10458 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. 1471.30 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 1569.95 and Rs. 1514.00 respectively. The current market cap of the company is Rs. 15050.72 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 3-screen multiplex at NCS Square Mall, Guwahati. The new cinema will augment PVR INOX foothold in Assam to a total of 4 cinemas across 14 screens, with its presence in Guwahati and Jorhat. With this opening, PVR INOX consolidates its presence in East India with a total of 126 screens in 33 properties.
Strategically located at A.T Road, Adabari, in close proximity to the airport and surrounded by residential societies, the multiplex has a seating capacity of 688, with recliners available in one of the auditoriums. Additionally, each of the three screens is equipped with the best-in-class cinema technologies, including advanced Laser Projection system for razor-sharp visuals, great sound experience with Dolby Atmos for an immersive feel, and a vibrant 3D view powered by Volfoni Smart Crystal Diamond solution.
PVR completed the merger of INOX Leisure Limited, effective February 06, 2023. The merged entity is the largest film exhibition company in India.
