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December 1, 2023
In the past month, the stock of PVR-Inox has surged 8 percent as against a 6 percent rise in the benchmark Sensex
October 9, 2023
Bollywood delivered eight films that surpassed Rs 100 crore in box office revenues, including Jawaan, Gadar 2 and Rocky Aur Rani Kii Prem Kahaani. During the September quarter, Bollywood films took in nearly Rs 2,000 crore at the box office
August 15, 2023
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.
September 12, 2022
Shares of PVR gained as much as 4.06 per cent or Rs 74.45 to trade at Rs 1,908.60. During intra-day trades, the shares hit a high of Rs 1,926.20. Inox Leisure saw its shares surge more than 4.5 per cent or Rs 22.55 to trade at Rs 516.95.
June 3, 2021
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May 27, 2021
Unlike hotels and resorts, where people will flock once again after vaccinations, Covid may have made a behavioural shift among cinema goers in favour of OTT platforms.
April 16, 2021
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...
January 18, 2021
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...