PVR is trading higher by 7% to Rs 428 extending its 6% rise in past four trading day’s on the National Stock Exchange (NSE).
The stock opened at Rs 401 and hit a new high of Rs 438 on NSE. A combined 303,500 shares have change hands on the counter so far on NSE and BSE.
PVR, the largest cinema exhibition company in India, on Monday announced the launch of its seven screen multiplex at Koregaon Plaza mall, Pune.
With the opening of the multiplex in the city, PVR’s screen count increases to 390 screens in 90 cinemas in 36 cities across India, the company said in a filing.
Meanwhile, since July 31, the stock has outperformed the market by surging 28% after reporting 80% year on year growth in consolidated net profit at Rs 13.60 crore for April-June quarter. The benchmark index CNX Nifty has gained 2.5% during the same period.
The stock opened at Rs 401 and hit a new high of Rs 438 on NSE. A combined 303,500 shares have change hands on the counter so far on NSE and BSE.
PVR, the largest cinema exhibition company in India, on Monday announced the launch of its seven screen multiplex at Koregaon Plaza mall, Pune.
With the opening of the multiplex in the city, PVR’s screen count increases to 390 screens in 90 cinemas in 36 cities across India, the company said in a filing.
Meanwhile, since July 31, the stock has outperformed the market by surging 28% after reporting 80% year on year growth in consolidated net profit at Rs 13.60 crore for April-June quarter. The benchmark index CNX Nifty has gained 2.5% during the same period.