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Analysts put PVR-Inox on a pedestal amid bumper releases, merger synergies

At the bourses, shares of this multiplex operator have soared 14 per cent in a month, as against a 1.6 per cent fall in the S&P BSE Sensex

Though cost per ticket is likely to go up by ~150, the changing dynamics of the content ecosystem is believed to have driven the multiplex player towards taking the leap
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Lovisha Darad New Delhi

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A series of blockbuster releases in recent weeks has drawn investor attention towards PVR-Inox. On the stock exchanges, shares of the multiplex operator have soared by 16 per cent in a month, in contrast to the 1.6 per cent drop in the S&P BSE Sensex.

Analysts, too, have grown optimistic about the stock’s fortunes in the near term, owing to the robust box office (BO) collections of movies such as Gadar 2, Jailer, and OMG 2 (collectively amounting to Rs 1,370 crore in global BO collections), a healthy cinematic pipeline, and the realisation of merger synergies between PVR and Inox.

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First Published: Aug 30 2023 | 10:30 AM IST

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