PVR inches up on opening 4 screen multiplex in Faridabad

PVR is currently trading at Rs. 1695.00, up by 4.45 points or 0.26% from its previous closing of Rs. 1690.55 on the BSE.

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PVR

The scrip opened at Rs. 1694.95 and has touched a high and low of Rs. 1710.00 and Rs. 1680.05 respectively. So far 734 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. 1484.40 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 1737.65 and Rs. 1632.00 respectively. The current market cap of the company is Rs. 10354.63 crore.

The promoters holding in the company stood at 16.94%, while Institutions and Non-Institutions held 67.00% and 16.06% respectively.

PVR has opened its third property in Faridabad at Pebble Downtown, Sector 12, Mathura Road. Strengthening its footprints across Haryana, the newly launched 4-screen multiplex located on the 4th Floor of the Mall is connected with Bata Chowk metro station through the pedestrian walkway. It would offer the city residents and consumers beyond the city the best-in-class movie experience. With this launch, PVR Cinemas consolidated its foothold in Haryana with 50 screens in 13 properties and 286 screens across 65 properties in North.

The new multiplex has a total seating capacity of 786 audiences and has last row recliners to meet the discerning needs of customers. The cinema is equipped with the best-in-class theatrical solutions including the SP4K next- generation laser projectors that deliver ultra-high resolution, sharp, and bright images. Furthermore, the audis feature advanced Dolby surround sound and Next-Gen 3D technology for an immersive experience.

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.

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