On Thursday, BNB Paribas sold more than 4.05 lakh equity shares in PVR Limited, the owner of a chain of movie theatres in India. PVR shares, on the other hand, were untouched today and increased. PVR shares on Dalal Street rose over 1.5% overall during the day. PVR shares have soared by more than 39% on exchanges in a single year. On the strength of robust foot traffic and better pricing, most analysts have given the shares a “buy” rating for the period following the June 2022 quarterly reports. The company plans to add 120-125 screens in the current fiscal year.
BNB-backed BNB Paribas Arbitrage sold 405,183 equity shares in PVR at a price of 1,841.14 per equity share in accordance with BSE block deals.
In PVR, the transaction is about 74.6 crore. As of June 30, 2022, BNB Paribas Arbitrage held 7,51,390 equity shares, or 1.23% of PVR, following the shareholding pattern.

PVR shares on the BSE closed at 1841.15, up 11.70 or 0.64%. The shares have increased by more than 1.5% on the day, reaching an intraday high of 1857.30 per share. The market value of the business is about Rs. 11,245.03 crore. PVR shares on D-Street rose 39.24% in a year. On August 25 of the previous year, the shares were trading for about 1,322.25 each.