Mumbai, October 24 (Udaipur Kiran) – Shares of PVR Inox traded slightly higher on Thursday after the company announced the opening of its first multiplex in Sikkim, marking its entry into the northeastern cinema market.
The stock was trading at Rs. 1157.00, up Rs. 1.40 or 0.12% from its previous close of Rs. 1155.60 on the BSE. The scrip opened at Rs. 1155.60 and hit an intraday high of Rs. 1168.00 and a low of Rs. 1142.80, with around 7,938 shares changing hands.
The BSE Group ‘A’ stock, with a face value of Rs. 10, has touched a 52-week high of Rs. 1620.00 (December 5, 2024) and a 52-week low of Rs. 825.65 (April 7, 2025). During the past week, it traded between Rs. 1176.00 and Rs. 1099.80. The company’s market capitalization currently stands at Rs. 11,368.61 crore.
Promoters hold 27.53% in the company, while institutional investors hold 57.15% and non-institutional investors own 15.32%.
The new 3-screen multiplex, located at Westpoint Mall in Gangtok, has been developed under the Franchise-Owned Company-Operated (FOCO) model in partnership with Westpoint Infra. The property offers a total of 482 seats across three auditoriums equipped with 2K Laser projection, Dolby 7.1 surround sound, and next-generation 3D technology, promising an immersive cinematic experience for moviegoers.
This development also follows recent FOCO-based openings in Raipur, Jabalpur, and Siliguri, as PVR Inox continues to expand aggressively across Tier-II and Tier-III cities through its franchise-led model.
PVR Inox remains India’s largest film exhibition company, operating hundreds of screens across the country and continuing to strengthen its presence in emerging markets.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
