The stock extended gains and touched a high of Rs 131 - up 12% from the day's low. However, it slipped from the day's high and ended at Rs 125 - up 4.6%. Over 217,885 shares were traded on the BSE today.
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PVR has rallied 6% to Rs 127, backed by talks of stake buy in DLF's DT cinemas.
The counter on the BSE has witnessed trades of around 64,000 shares as against its two-week average traded quantity of 57,357 shares.The stock opened at Rs 118 and touched a low of Rs 117 so far. The scrip has gained 10.5% within a week and has zoomed 24.5% from tis month-ago close of Rs 102.
As per reports, multiplex chain operator PVR Cinemas is likely to acquire a major stake in real estate developer DLF's DT Cinema business.
DLF, on the otherhand has advanced 2% to Rs 421. The stock opened at Rs 410 and touched a high of Rs 423 and a low of Rs 405, so far. The counter has clocked a volume of around 1.87 million shares as against its two-week average trades of over 3 million shares. The scrip has gained 6.9% from its week-ago close of Rs 394 and has gained 6.4% from its month-ago close of Rs 396.
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