PVR Inox Ltd News

PVR Inox dips 6%, hits over four-month low; stock down 12% in 2 weeks

Analysts at Elara Capital said the brokerage firm continues to believe that good comeback by the Hindi/English genre is a key monitorable for higher profitability

FIIs turn bullish on Nifty; F&O activity hints at gains ahead

Cues from F&O market for December 10: Foreign investors are seen building long positions in Nifty futures thus far this month, with open interest rising by 27% in the last six days.

PVR Inox to have 2K screens by 2026, eyes Tier-II,-III cities for expansion

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

PVR Inox ventures beyond cinema, to launch first food court in December

The company said in a BSE filing that the food court business would remain separate from the in-cinema F&B revenue

Nifty, Bank Nifty consolidate amid lower volumes; 14 stocks in F&O ban

Derivatives market update Oct 16: Among individual stocks, Deepak Nitrite, PVRInox and HPCL witness fresh long build-up; Cipla and Reliance futures see selling pressure.

PVR Inox Q2FY25 results: Multiplex firm slips into red with Rs 11.8 cr loss

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

Should you buy these 5 film & entertainment stocks this festive season?

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.

Lights, Camera, Action: PVR Inox set to star in a profitable sequel

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

Strong content pipeline, asset light model to drive gains for PVR Inox

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

PVR Inox ready for rerating, says ICICI Securities; ups share target price

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

PVR INOX to close 70 non-performing screens in FY25 in Mumbai, Vadodara

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

Delhi HC appoints arbitrator to resolve PVR INOX, Ansal Plaza Mall dispute

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

Is the tide turning for media stocks? Dish TV, PVR Inox can rally up to 26%

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.

PVR INOX Q1 results: Net loss widens to Rs 179 cr on delay in film releases

Cinema exhibitor PVR INOX Ltd on Friday reported a widening of consolidated net loss to Rs 179 crore in the June quarter impacted by postponement of film releases due to general elections. The company had posted a consolidated net loss of Rs 82 crore in the first quarter last fiscal, PVR INOX said in a regulatory filing. Consolidated revenue from operations were at Rs 1,190.7 crore in the first quarter, down from Rs 1,304.9 crore in the year-ago period, it added. Total expenses were higher at Rs 1,457.5 crore as compared to Rs 1,437.7 crore in the corresponding period in the last fiscal. "The quarter began on a soft note, with April and May getting impacted due to the general elections, which were the second longest in India's history at 44 days," the company said in its earnings statement. This prompted many producers to postpone film releases, resulting in a 13 per cent drop in the number of releases in the quarter as compared to the first quarter of last year. The number of ...

PVR Inox rallies 6%, hits over 5-month high on recovery hopes

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

Paytm, PVR Inox: Can laggards of H1-2024 script turnaround? What charts say

Paytm, PVRInox, Bandhan Bank, Syrma SGS Technology and Alkyl Amines: Trading strategies for stocks that ended as losers in the first-half of 2024.