PVR rose 2.47% to Rs 1,271.85 at 11:36 IST on BSE after a large bulk deal of 29.66 lakh shares was reportedly executed on the scrip at Rs 1,266 per share in opening trade on the NSE.
Meanwhile, the S&P BSE Sensex was up 142.74 points, or 0.52%, to 27,378.40
On BSE, so far 34,000 shares were traded in the counter, compared with average daily volume of 7,612 shares in the past one quarter. The stock hit a high of Rs 1,489.50 in intraday trade so far, which is record high for the counter. The stock hit a low of Rs 1,241.65 so far during the day. The stock hit a 52-week low of Rs 646 on 25 February 2016.
The stock had outperformed the market over the past 30 days till 17 January 2017, rising 14.74% compared with the 3.26% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 3.3% as against Sensex's 2.68% decline.
The mid-cap company has equity capital of Rs 46.74 crore. Face value per share is Rs 10.
On a consolidated basis, net profit of PVR declined 4.93% to Rs 29.13 crore on 16.26% rise in net sales to Rs 541.01 crore in Q2 September 2016 over Q2 September 2015.
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PVR is the largest and the most premium film and retail entertainment company in India.
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