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PVR moves up on launching first multiplex in Amritsar

Mumbai : PVR is currently trading at Rs. 1680.75, up by 5.30 points or 0.32% from its previous closing of Rs. 1675.45 on the BSE. The scrip opened at Rs. 1700.00 and has touched a high and low of Rs. 1700.00 and Rs. 1674.00 respectively. So far 2774 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 1737.60 on 16-Apr-2019 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. 1722.05 and Rs. 1638.00 respectively. The current market cap of the company is Rs. 7889.47 crore. The promoters holding in the company stood at 20.25%, while Institutions and Non-Institutions held 70.34% and 9.40% respectively. PVR has launched its first multiplex in Amritsar at Suraj Chanda Tara on April 22, 2019. Strengthening PVR’s footprints across key markets, the new 6-screen property is a standalone complex in the region with a host of advanced hospitality facilities to offer a seamless experience to movie patrons.

Equipped with the latest technology and state-of-the-art infrastructure, the multiplex is positioned at a convenient location with close proximity to the historic Golden Temple. With this, PVR augments its presence in Punjab with 49 screens in 09 properties and 226 screens in 54 properties in Northern India.

Based on a Victorian architectural design, the plush interiors and sophisticated lighting provide a look of elegance and luxury to the multiplex. The property is spread across an area of 41,400 sq. ft. with a seating capacity of 1,037 guests. Its central location ensures wide connectivity and easy access for cine-goers. It is also integrated with BARCO 4K and 2K projection systems, providing excellent brightness and vibrant colors for a razor-sharp picture quality along with Dolby 7.1 surround sound system and the Next-Gen 3D technology.

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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