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18-12-2023 09:57 AM | Source: Accord Fintech
PVR INOX inches up on launching first multiplex in Cuddalore

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PVR Inox is currently trading at Rs. 1782.50, up by 6.85 points or 0.39% from its previous closing of Rs. 1775.65 on the BSE.

The scrip opened at Rs. 1797.95 and has touched a high and low of Rs. 1797.95 and Rs. 1778.15 respectively. So far 1930 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1879.75 on 08-Sep-2023 and a 52 week low of Rs. 1336.50 on 17-May-2023.

Last one week high and low of the scrip stood at Rs. 1806.15 and Rs. 1737.00 respectively. The current market cap of the company is Rs. 17424.98 crore.

The promoters holding in the company stood at 27.84%, while Institutions and Non-Institutions held 60.46% and 11.71% respectively.

PVR INOX has launched its first multiplex in the city of Cuddalore, Tamil Nadu at V Square Mall, Manjakuppam. The inaugural multiplex with three screens in the city's initial shopping mall introduces a contemporary cinematic experience to the residents of Cuddalore. PVR INOX will strengthen its foothold in Tamil Nadu with 139 screens in 23 properties and continues its expansion in the Southern part of India with 549 screens in 98 properties.

Strategically located in the heart of the city at Manjakuppam on Bharathi road, the cinema provides a convenient out-of-home entertainment destination for all the movie buffs. With a seating capacity of 692 guests, the multiplex is equipped with the best-in-class theatrical solutions to offer an immersive and enhanced cinematic experience with 4K Laser projectors that deliver ultra-high resolution, sharp, and bright images. Furthermore, the audis feature advanced DTS-X immersive audio for great sound experience and vibrant Next-Gen 3D screens for visibly deeper 3D content. 

PVR INOX is the largest film exhibition company in India.