PVR is trading higher by 3% at Rs 362 after investment services provider Macquarie Bank acquired around 1% stake in multiplex chain operator via open market transactions.
The stock opened at Rs 360 and hit a high of Rs 367 on NSE. The stock is currently trading near to its record high of Rs 377 touched on January 2, 2008, in intra-day trade.
Macquarie Bank has purchased a total of 268,576 shares representing 0.67% of total equity of PVR through bulk deal on Thursday, the NSE bulk deal data shows.
The stock opened at Rs 360 and hit a high of Rs 367 on NSE. The stock is currently trading near to its record high of Rs 377 touched on January 2, 2008, in intra-day trade.
Macquarie Bank has purchased a total of 268,576 shares representing 0.67% of total equity of PVR through bulk deal on Thursday, the NSE bulk deal data shows.
Investment services provider has bought these shares at an average price of Rs 352.72 per share, amounting the transaction to Rs 9.47 crore. However, the name of the seller has not disclosed by the company.
Meanwhile, the stock has outperformed the market by surging 28% in past one month compared to 10.5% rise in benchmark Nifty.
