PVR nears record high on hopes of strong December quarter results

The stock was up 2% at Rs 1,643, trading near its all-time high of Rs 1,660 recorded on April 28, 2017, in the intra-day trade.

Shares of multiplex chain operator PVR were trading near its record high at Rs 1,643, up 2 per cent, in an otherwise range-bound market on the expectation of strong December quarter (Q3FY19) results.

The stock of PVR was 1 per cent away from its all-time high of Rs 1,660 recorded on April 28, 2017 in the intra-day trade.

PVR has outperformed the market by surging 41 per cent from its recent low of Rs 1,165 on October 5, 2018. In comparison, the S&P BSE Sensex has gained just five per cent during the period.

The company had reported