PVR, Jubilant FoodWorks: Consumer-centric stocks to feel COVID-19 heat

In the past one month alone, these stocks have slipped up to 24 per cent. PVR and Inox Leisure top the losers list with a drop of 24 and 23 per cent, respectively.

The spread of Coronavirus (Covid-19) in India is likely to impact businesses of consumer-centric companies such as multiplex, entertainment, and restaurant chains in the near-term as people refrain from assembling in public places as a precautionary step. Moreover, preventive measures by some state governments may also add to their woes. 

Karnataka government reportedly expressed its inability to host the Indian Premier League (IPL) this year. Kerala, too, has announced closure of movie theatres till March 31. These developments, analysts say, are likely to impact stocks of multiplex operators such as PVR, Inox Leisure, as well as restaurant chains and theme