PVR Ltd (PVRL.BO)
342.05INR
20 May 2013
Rs-6.20 (-1.78%)
Rs341.00
Rs347.15
Rs356.00
Rs340.00
16,104
20,873
Rs375.00
Rs144.00
About
Overall
| Beta: | 1.18 |
| Market Cap (Mil.): | Rs13,760.94 |
| Shares Outstanding (Mil.): | 39.51 |
| Dividend: | 2.00 |
| Yield (%): | 0.57 |
Financials
PVR to buy Cinemax for 3.95 billion rupees
MUMBAI - PVR is to buy control of rival Cinemax India for 3.95 billion rupees to create the country's biggest operator of multi-screen movie theatres.
India's PVR to buy majority stake in Cinemax for $71 mln
MUMBAI, Nov 29 - Cinemax India Ltd, a theatre chain operator, said its controlling shareholders will sell a 69.27 percent stake in the company to local rival PVR Ltd for 3.95 billion rupees ($71 million).
MARKET EYE-Cinemax India gains as PVR looks to buy stake
* Shares in Cinemax India Ltd gain 5 percent after PVR Ltd said on Tuesday it was in talks with promoters of Cinemax India to buy their shares. However, no definitive agreement has been entered into. * Dealers say the market had a whiff of this announcement, resulting in a 121.6 percent rise in the stock price in November, as of Tuesday's close. * Shares in PVR also gain 2.6 percent. (abhishek.vishnoi@thomsonreuters.com /; abhishek.vishnoi.reuters.com@reuters.net)
Cinemax India gains; PVR looks to buy stake
Reuters Market Eye - Shares in Cinemax India Ltd gain 1.5 percent, after PVR Ltd said it is engaged in talks with promoters of Cinemax India for a potential purchase of their shares.
MARKET EYE-Cinemax India gains; PVR looks to buy stake
* Shares in Cinemax India Ltd gain 1.5 percent, after PVR Ltd said it is engaged in talks with promoters of Cinemax India for a potential purchase of their shares. * PVR Ltd has informed exchanges that it is talking with the promoters of Cinemax India for a potential purchase of their shares in Cinemax India. However, no definitive agreements have been entered into. * Dealers say the market had a whiff of this announcement, resulting in a 117 percent rise in the stock price in November, as of M

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