PVR Opens a New Multiplex in Raipur

PVR-LOGOMultiplex chain PVR announced the launch of its prestigious multiplex in Raipur, Chhattisgarh is named as `Magneto Mall'.

The multiplex is reported to have four mainstream digital Audis with total seating capacity of 1350 seats, situated at Magneto Mall, Labhandi, NH-6, Raipur, Chhattisgarh.

The new multiplex features a 2k digital cinema, compliant with DCI technology, advanced sound, and picture quality and digital technology slated to bridge the demand supply gap.

The latest technology enables wide releases of a movie, promising better return on investments, helpful in curbing piracy which is widely prevalent in India in the absence of right technology.

After the new multiplex at Raipur, PVR's screen current count has shot up to 112 at 27 locations across 15 cities in ten states and one union territory.

Shares of the company declined Rs 2.10, or 1.23%, to trade at Rs 17.00. The total volume of shares traded was 8,100 at the BSE.