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Analysts bullish on PVR on long-term growth outlook

As single screen closures could accelerate, PVR could emerge stronger relative to most other cinema operators and may be well placed to capitalize on likely pent-up demand

Topics
PVR | Markets | multiplex stocks

Nikita Vashisht  |  New Delhi 



An employee wears a protective mask while waiting to greet customers outside the PVR Icon cinema at the DLF Promenade Mall in New Delhi
The Indian cinema market is expecting a strong rebound in the medium-term as theatres have seen encouraging footfall globally

The multiplex industry has faced one of the most severe blows from the onslaught of the Covid-19 pandemic as outdoor venturing became passé and entertainment shifted online on OTT platforms. Yet India’s biggest cinema player has received strong support from investors – both domestic and foreign.

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First Published: Thu, June 03 2021. 12:30 IST

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