PVR Ltd to raise Rs. 500 crores through QIP

The Board of Directors of PVR Ltd at its meeting held on July 31, 2014, has approved the issue of securities upto Rs. 500 Crores through Qualified Institutional Placement (QIP) subject to approval of the members in forthcoming Annual General Meeting of the Company.

Shares of PVR LTD. was last trading in BSE at Rs.610.85 as compared to the previous close of Rs. 621.75. The total number of shares traded during the day was 8485 in over 897 trades.

The stock hit an intraday high of Rs. 613.55 and intraday low of 605. The net turnover during the day was Rs. 5174448.

Source : Equity Bulls

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