PVR stock zooms 5%

PVR Limited, a film entertainment company, on Thursday’s session is enjoying a joy-ride on the bourses and has risen substantially in the two months period.

The stock is trading at Rs 1,462 per share and is up by Rs 59 per share or 5%. The volume of the stock is two times the stock’s 20-day average on the NSE. It has delivered 55% returns in a period of one year and has outperformed the BSE Mid Cap and Nifty Media indices over the same time period.

PVR Limited is engaged in the motion picture exhibition in cinemas. The company has organized its operations into three business segments: movie exhibition, movie Production & distribution, and others.

Stock view :-

PVR Ltd is currently trading at Rs 1465, up by Rs 64.6 or 4.61% from its previous closing of Rs 1400.4 on the BSE.

The scrip opened at Rs 1395.45 and has touched a high and low of Rs 1498.4 and Rs 1392.1 respectively. So far 668632(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 6545.27 crore.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1659.7 on 28-Apr-2017 and a 52 week low of Rs 880.35 on 07-Jun-2016. Last one week high and low of the scrip stood at Rs 1467.05 and Rs 1377.85 respectively.

The promoters holding in the company stood at 20.15 % while Institutions and Non-Institutions held 68.74 % and 11.11 % respectively.
The stock is currently trading below its 50 DMA.

PVR Ltd :-
BSE 1,465.00 64.60 (4.61%)
NSE 1,454.00 53.30 (3.81%)


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