Kamal Gianchandani, President PVR Pictures thinks the movie 'PK' is likely to stay in the cinemas for around four weeks uninterrupted because there are no other major releases over the next 3-4 weeks.
With the Aamir Khan-Starrer "PK" earning over Rs 50 crores in two days in the domestic market, Kamal Gianchandani, President PVR , says the opening of the movie was very huge in most states and the occupancies were very high in the weekend gone by.
On Sunday, December 21, the occupancy went 90 percent, which is completely unprecedented, he adds.
He thinks the movie is likely to stay in the cinemas for around four weeks uninterrupted because there are no other major releases over the next 3-4 weeks.
Answering a query on ticket prices, he says the average ticket price was led by occupancy and there was no escalation in price as such.
for the entire interview watch video
PVR stock price
On December 22, 2014, at 14:14 hrs PVR was quoting at Rs 713.30, up Rs 19.90, or 2.87 percent. The 52-week high of the share was Rs 750.00 and the 52-week low was Rs 465.00.
The company's trailing 12-month (TTM) EPS was at Rs 8.90 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 80.15. The latest book value of the company is Rs 94.59 per share. At current value, the price-to-book value of the company is 7.54.
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