PVR

A similar incident of explosion occurred in October this year in the same locality in Delhi's Rohini

PVR INOX Limited unveils Movie Jockey (MJ), an AI-powered chatbot available 24/7 on WhatsApp in six languages-Hindi, English, Kannada, Tamil, Telugu and Hinglish-to enhance and personalize the movie

Launches AI chatbot on WhatsApp with Meta, Razorpay, Jio Haptik

Cinema exhibitor PVR INOX Ltd plans to add around 100 screens next year entailing an investment of around Rs 200 crore, its Executive Director Sanjeev Kumar Bijli said on Friday. The company, which launched an AI-powered WhatsApp chatbot, Movie Jockey (MJ), for movie discovery and booking experience, plans to add 100 screens every year going forward. "This year so far we opened about 70 odd screens and closed about 45-50 screens. We will be adding about 40 more screens this year and we will be closing down another 10-15 screens," Bijli told PTI here on the sidelines of the launch. The idea was to close down about 75 screens this year and add about 120, he said, adding "so we are on track". When asked about future expansion plans, Bijli said, "The following year we are looking at adding almost 100 screens per year." When asked about investments, he said next year's pipeline of 100 screens will entail a capital outlay of about Rs 200 crore. "We are looking at asset light model now

PVR Inox to hit play on profitability with big releases, bigger footfall

PVR Inox said it expects to add 110-120 screens in the year ending March 2025. So far this fiscal year, it has added 71 and closed 42 screens

Media stocks in focus ahead of big film releases this Diwali: PVRInox, Eros Media and Shemaroo Entertainment among 5 stocks that can rally up to 28% from here on, shows technical charts.

Coming soon: Blockbuster content pipeline and asset-light model promise a box-office hit for investors

Most brokerages believe that the content pipeline in the December quarter will help the company surpass the performance in Q2FY24

Lack of content, demand fuels movie re-releases

Kareena Kapoor Khan completes 25 years in Bollywood industry. PVR and Inox are organising a film festival dedicated to showcasing her illustrious career

PVR Inox share price today: ICICI Securities' new target price on PVR Inox reflects around 41 per cent upside from the stock's Thursday's closing price

Leading multiplex operator PVR INOX plans to close 70 non-performing screens in FY25 and will go for potential monetisation of non-core real estate assets in prime locations such as Mumbai, Pune, and Vadodara, according to its latest annual report. Though the company will add 120 new screens in FY25, it will also close almost 6070 non-performing screens, as it chases for profitable growth. About 40 per cent of new screens addition will come from South India, where it will have a "strategic focus" on this lesser penetrated region as per its medium to long-term strategy. Moreover, PVR INOX is redefining its growth strategy by transitioning towards a capital-light growth model to reduce its capex on new screens addition by 25 to 30 per cent in the current fiscal. Now, PVR INOX will partner with developers to jointly invest in new screen capex by shifting towards a franchise-owned and company-operated (FOCO) model. It is also evaluating monetisation of owned real estate assets, as the

PVR INOX has filed a claim of approximately Rs 4.5 crore against Ansal Plaza Mall in Greater Noida, seeking arbitration to address the issue

The Nifty Media index has shed 15 per cent so far in 2024 and is the sole index trading below the 200-DMA on the NSE. Chart suggests better days are likely ahead.

Amazon Pay users may earn special offers and cash-backs when they make purchases at PVR INOX theatres

On a daily scale, Allcargo has formed a bullish alternate bat pattern following a sharp decline of 14 points, which translated into a substantial 19 per cent reduction in its price

According to reports, Kalki 2898 AD, the film which was released in theatres last week, has been minting money across the globe

Brokerage remains upbeat as analysts foresee several growth catalysts, including a promising Hollywood slate, anticipated recovery in high-margin ad revenues, & company's commitment to reducing debt

PVR Inox has recently exhibited two significant technical analysis signals that indicate a potential bullish shift. Firstly, there is a bullish divergence on the weekly RSI near 30 level