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17-Aug2018

PVR gains on expanding presence in Chennai

PVR is currently trading at Rs. 1300.25, up by 7.30 points or 0.56% from its previous closing of Rs. 1292.95 on the BSE.

The scrip opened at Rs. 1294.05 and has touched a high and low of Rs. 1307.85 and Rs. 1288.05 respectively. So far 5653 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1567.50 on 24-Jan-2018 and a 52 week low of Rs. 1064.55 on 19-Jul-2018.

Last one week high and low of the scrip stood at Rs. 1326.10 and Rs. 1279.05 respectively. The current market cap of the company is Rs. 6078.59 crore.

The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 70.15% and 9.60% respectively.

PVR has further expanded its presence in Chennai. Sustaining its tradition of offering world-class cinema experience, the 5-screens multiplex at SKLS Galaxy Mall, GNT Road, Redhills, Chennai, boasts enhanced in-theatre technology for its patrons. With this launch, PVR strengthens its presence in Southern India with 169 screens in 26 properties and a total screen count of 27 screens across 5 properties in the state of Tamil Nadu.

Located at the outskirts of Chennai with a perfect amalgamation of residential and industrial pockets and colleges; the cinema is spread across an area of 33,645 sq. ft. with a seating capacity for 977 audiences. The brand new multiplex features 7.1 Digital surround-sound along with 4K projection systems and Next Generation 3D screens, offering a cutting-edge cinema viewing experience to the patrons. 

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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