1. PVR shares gain on launch of Superplex

PVR shares gain on launch of Superplex

PVR shares climbed as much as 2.29 per cent in the early trade on Monday after the multiplex major on Sunday launched Superplex

By: | New Delhi | Updated: March 28, 2016 4:31 PM
pvr cinema, pvr shares, superplex PVR shares climbed as much as 2.29 per cent in the early trade on Monday after the multiplex major on Sunday launched Superplex (Reuters)

PVR Ltd share price climbed over 2 per cent intraday on Monday after the multiplex major on Sunday launched Superplex, a premium concept that will house 15 movie screens in one multiplex. According to reports, PVR is also looking to double its screen count in the next three years to reach 1,000 screens. The company has 516 screens under its belt.

Later, shares of PVR settled 0.19 per cent up at Rs 715. Sensex closed 371.16 points, or 1.46 per cent, down at 24,966.40.

Located at the Logix City Centre in Noida, Uttar Pradesh, Superplex is the latest addition to PVR’s wide array of cinema concepts, which includes PVR Heritage, PVR Premier, PVR IMAX, PVR Director’s Cut, PVR Gold Class, PVR Premiere and PVR Icon. Ticket prices at PVR Superplex will start from Rs 150 and go up to Rs 1,000. READ MORE

For the quarter ended December 2015, PVR reported consolidated net profit of Rs 29.88 crore, down 5.29 per cent, against Rs 31.55 crore in the same quarter last year.

In the past one year, the share price of PVR advanced 3.33 per cent to Rs 713.65, whereas BSE Sensex slipped 10.13 per cent during the same period.

 

Calculate your income tax post budget 2018 through this Income Tax Calculator, get latest news on Budget 2018 and Auto Expo 2018. Like us on Facebook and follow us on Twitter.

  1. A
    Ashish
    Mar 28, 2016 at 6:42 am
    Should this market crash mean loss of wealth for you? No way if you have done your risk allocation right. Visit prudentcap dot in to explore more.
    Reply

    Go to Top