PVR, Inox Leisure stocks fall even as Shah Rukh Khan-starrer ‘Pathaan’ sees bumper opening

<ul><li>The shares were seen slipping into the red zone. Analysts believe that the stocks can further correct by 5-7%.</li></ul>

Can SRK-starrer Pathaan join the ₹100-crore club? Investors of PVR and Inox are betting on it

In Q4, the brokerage expects the Shah Rukh Khan-starrer ‘Pathaan’, Ajay Devgan's ‘Bhola’, Akshay Kumar's ‘Selfie’ and Kartik Aryan's ‘Shehzada’ to gross ₹100 crore. Apart from these, movies that may not touch the ₹100 crore mark but may act as fillers (neither a HIT nor a DUD) include ‘Ant-Man and the Wasp', ‘Tu Jhoothi Main Makkar’, ‘Shazam’ and ‘John Wick: Chapter 4’, added PL.

Shah Rukh Khan's 'Pathaan' opens today, likely to earn up to ₹200 crore in its first week; PVR stock in focus

<ul><li>Post pandemic, the Hindi movie 'Pathaan' is already seen in the top three for advance bookings, as per the brokerage report.</li></ul>

PVR and INOX merger: CUTS moves NCLAT against CCI order

In its petition, Consumer Unity &amp; Trust Society (CUTS) has also made PVR and INOX as parties before the National Company Law Appellate Tribunal (NCLAT).

Brokerages positive on PVR as strong line-up including ‘Avatar 2’ may boost Q3 numbers

<ul><li>Nuvama Wealth Management Ltd is bullish on the multiplex company’s Q3FY23 performance as it expects a potential revival in footfalls due to a robust pipeline.</li></ul>

PVR posts wider than expected Q2 loss

PVR's consolidated net loss for the quarter ended September narrowed to 712.3 million rupees ($8.64 million) from 1.53 billion rupees in the pandemic-hit period a year ago, but was bigger than analysts' expectations for a loss of 99.2 million rupees, according to IBES data from Refinitiv.

PVR and Inox shares rise over a third this year even as 'Boycott Bollywood' campaigns to OTT threats loom large

<ul><li>Brokerage firm JM Financial said as the tussle between OTT and theatres continues, the theatrical success of Brahmastra has shown that good content and spectacle movies can still attract a wider audience. Crisil believes multiplexes are set to triple their revenue this fiscal.</li></ul>

Three entities sell PVR shares worth ₹759.14 crore

Plenty Private Equity FII I sold 7,62,499 shares of the company at an average price of ₹1,877.14 apiece, according to bulk deal data available on the BSE.

Shares of PVR, INOX Leisure rise in morning trade

Shares of PVR opened on a bullish note at ₹1,891.10, then gained ground to touch an early high of ₹1,974.75, up 3.36 per cent from its previous closing price on BSE.

Brahmastra Effect: Is this why PVR, INOX Leisure shares rose 4% today?

With the gains of September 12, the cumulative market capitalisation of both stocks is now at nearly ₹18,000 crore.

<ul><li>Analysts had attributed the fall of both stocks on September 9 to the tepid opening of a much-anticipated movie Brahmastra. However, the box office collection of the movie saw a significant rise over the weekend which boosted the stock. As per media reports, the global box office collection for Brahmastra might have reached ₹211 crore.</li></ul>

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PVR, Inox Leisure stocks fall even as Shah Rukh Khan-starrer ‘Pathaan’ sees bumper opening

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