Shares of multiplex chain, PVR, rose around 10 percent on Friday morning as investors bet on the company renewing ticketing arrangement with Bookmyshow and Paytm.
The stock touched an intraday high of Rs 1,211.65 and an intraday low of Rs 1,134.00.
The company renewed its non-exclusive arrangements with Paytm and Bookmyshow for booking and selling the theatre’s ticketing inventory through web and app based platforms for three years.
After a weak two sessions, equity benchmarks on Friday morning have started the day on a good note.
At 09:15 hrs IST, the Sensex is up 182.90 points or 0.49% at 37348.06, while the Nifty is up 60.40 points or 0.54% at 11305.10. The market breadth is positive as 451 shares advanced, against a decline of 96 shares, while 41 shares are unchanged.
All sectoral indices are trading in the green, with gains in pharma, metals, energy and auto names, while midcaps have seen a strong start as well. The Nifty Midcap index is up over 0.6 percent.
Missed call
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