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pvr inox: Recent box office hits drive rebound for multiplex companies

Trade analysts are of the view that the momentum in box office collections will continue to remain unabated for the next few weeks, buoyed by the huge response to the Rajinikanth-starrer Jailer and the Sunny Deol-starrer Gadar 2 and two upcoming potential mass entertainers - Shah Rukh Khan-starrer Jawan and Ayushmann Khurranas Dream Girl 2.
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Analysts bullish on PVR on long-term growth outlook

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PVR, Inox Leisure hit seven-month low; tank up to 28% in a month

Shares of multiplex operators like PVR and Inox Leisure continued to remain under pressure, hitting seven-month lows on the BSE in intra-day trade on Friday after Delhi Chief Minister Arvind Kejriwal announced sweeping restrictions in a bid to break the chain of Covid-19 infections in the city. Among individual stocks, PVR slipped 3 per cent to Rs 1,030, while Inox Leisure dipped 2.5 per cent to Rs 248.45 on the BSE in intra-day trade today. Both these stocks are trading at their lowest level s...
Arvind Kejriwal Inox Leisure Delhi Chief Minister Arvind Kejriwal Pvr Share Price Inox Leisure Multiplex Stocks

Despite Q3 loss, analysts still bullish on this multiplex stock & why!

After a 107 per cent surge from its 52-week lows of Rs 712, touched on May 7, 2020, analysts believe there is further upside left in the stock of multiplex owner PVR even as the firm posted a Q3 net loss of Rs 49 crore. Most brokerages maintained their bullish view on the company post its December quarter numbers, projecting an upside of up to 25 per cent in the stock from its current market price of around Rs 1,475, led by good management of costs and liquidity, and expectations of strong bo...
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