PVR jumped 6.3% to Rs 554 at 13:08 IST on BSE after consolidated net profit jumped 71.22% to Rs 27.55 crore on 89.79% growth in total income from operations to Rs 365.77 crore in Q2 September 2013 over Q2 September 2012.
The Q2 result was announced during trading hours today, 30 October 2013.
Meanwhile, the S&P BSE Sensex was up 52.58 points or 0.25% at 20,981.59.
On BSE, shares were traded in the counter as against average daily volume of 18,928 shares in the past one quarter.
The stock was volatile. The stock surged as much as 9.75% at the day's high of Rs 572 so far during the day, which is also its record high for the counter. The stock lost as much as 1.79% at the day's low of Rs 511.80 so far during the day. The scrip had hit 52-week low of Rs 221.05 on 30 October 2012.
The stock had outperformed the market over the past one month till 29 October 2013, surging 10.91% compared with the Sensex's 6.09% rise. The scrip had also outperformed the market in past one quarter, jumping 52.23% as against Sensex's 6.82% rise.
The small-cap company has equity capital of Rs 39.60 crore. Face value per share is Rs 10.
In January 2013, PVR acquired 93.19% stake in Cinemax India, another cinema exhibition company. Post acquisition, PVR together with Cinemax operates a cinema circuit consisting of 398 screens spread across 92 cinemas covering 37 cities in India.
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