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PVR opens its first multiplex in Mysuru

Tanay Loya
/ Categories: Trending, Markets
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PVR Limited on Wednesday announced opening a 4 screens multiplex at Garuda Mall in Mysuru. With the opening of this multiplex, the company now crossed 160 screens mark in Southern India. 

The company in its BSE filing said that the multiplex is equipped with 2K projection system along with Dolby Digital 7.1 surround sound and also has next generation 3-D enabled screens. 

It further added that the property is located in the heart of the city and is spread across an area of 29,500 sq. ft. with a capacity to seat 948 audiences in its four auditorium. 

With this launch, PVR now operates the largest multiplex network with 634 screens at 136 properties in 53 cities. 

On Wednesday, the stock of PVR closed at Rs. 1,138.50, down Rs. 34.10 or 2.91 per cent on NSE. The stock opened at Rs. 1,180 and touched an intraday high of Rs. 1,193.15 per share on NSE. The stock attracted a traded volume of 11,03,688 shares on NSE.

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