PVR gains on expansion plans
SI Reporter / Mumbai 03 Oct 11 | 10:47 AM
PVR has bucked trend and is up 1.5% at Rs 124 on plans to expand its bowling alley business.
According to reports, the multiplex operator is likely to invest Rs 70-75 crore in three years to expand the operations of PVR BluO, which is the company's bowling alley line. It plans to open up alleys in Bangalore, Pune, Chennai and Mumbai.
Tha stock touched a low of Rs 122 and a high of Rs 124 in morning trades. Around 1,672 shares have been traded on the BSE so far.
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