Page 2 - Inox Leisure

Top headlines: PVR, Inox shares surge; strike hits services across India

Business Standard brings you the top headlines on Monday

Sensex rises 768 pts from day's low, ends 231 pts up; Inox Leisure adds 12%

CLOSING BELL: Bharti Airtel, up 4 per cent, was the top gainer on the Nifty50 index, followed by Coal India, Axis Bank, Eicher Motors, ITC, SBI, ICICI Bank, HUL,IndusInd Bank, and Power Grid

Merger boost: Inox Leisure zooms 20%, hits record high; PVR jumps 10%

The combined entity will become the largest film exhibition company in India with 1,546 screens, at around 50 per cent multiplex screen market share and around 42% box office collection market share

PVR-Inox Leisure merger can trigger 15% rally in stocks, charts show

Inox Leisure may see a medium-term bullish trend, if the stock upholds the rally above Rs 480 levels

Stocks to Watch: PVR, Inox, Airtel, Emami, DLF, HDFC Bank, Gail India, PSUs

PVR and INOX Leisure are likely to be in focus after the two mega multiplex owners announced an all-stock merger on Sunday.

PVR, Inox Leisure book ticket to a JV; combined entity to run 1,546 screens

In the merged entity, PVR promoters will have 10.62 per cent stake while Inox promoters will have 16.66 per cent.

PVR, INOX Leisure announce merger, Ajay Bijli will be MD of entity

The combined entity will be named as PVR INOX Limited

Elara Capital maintains 'buy' call on PVR, INOX

Financial advisory firm Elara Capital has maintained a 'buy' call for both multiplex companies PVR and INOX Leisure.

Inox Leisure rallies 8%, hits 52-week high on improved business outlook

Business should continue to boost in the coming quarters, supported by uplifting of pandemic-related restrictions and strong content line up ready to be released over the next few months

Multiplex operator Inox Leisure reports Q3 net loss of Rs 1.32 crore

Inox Leisure Ltd reported narrowing of its consolidated net loss at Rs 1.32 crore for the third quarter ended December 2021 as the film exhibition business witnessed recovery from Covid restrictions

Inox Leisure's Q2 consolidated net loss widens to Rs 88 crore

Multiplex chain operator Inox Leisure on Friday reported widening of consolidated net loss at Rs 87.66 crore for September quarter 2021-22

Stocks to Watch: TCS, AB Sun Life AMC, RIL, Dish Tv, Inox Leisure, Saregama

HFCL, Delta Corporation, Krsnaa Diagnostics, Ramkrishna Forgings, Saregama India, Tata Metaliks and Tinplate Company of India are slated to post their Q2 results today

PVR, Inox hit 52-week high as theatres to reopen in Maharashtra from Oct 22

Inox Leisure soared 18 per cent to Rs 412.20, while PVR surged 10 per cent to Rs 1,662 on the BSE in intra-day trade on Monday

Inox signed pacts with developers to add 926 screens to network: CEO Tandon

Multiplex chain operator Inox Leisure has so far signed agreements with various developers to add 926 screens to its network, which are expected to come in next few years, said a top company official.

Inox Leisure zooms 15% on Amazon India's stake buy buzz

Inox, however, said the report was "factually incorrect" and there were no discussions between the company and Amazon India

PVR, Inox Leisure hit seven-month low; tank up to 28% in a month

Delhi, along with Maharashtra, is among the top two markets for theatrical business

Stocks to watch: Barbeque Nation, RIL, Airtel, Tata Steel, Inox Leisure

CARE Ratings has assigned Wockhardt's proposed non-convertible debenture issue of Rs 200 crore a rating of 'BBB-, with a stable outlook

PVR, Inox Leisure fall up to 8% as Maharashtra govt shuts cinema halls

The Maharashtra government has announced lockdowns during the weekends and fresh curbs on weekdays.

Burger King, PVR: Avoid these stocks as India sees second wave of Covid-19

Amid second wave of Covid-19 in India, analysts believe investors will be better off if they avoid QSR, multiplex, or travel-related stocks till the situation improves

Rising Covid-19 cases likely to delay biz recovery of PVR, Inox Leisure

Permission to operate at full capacity, healthy content pipeline fuel optimism