While lower costs are positive, cash burn may remain high even after resumption
Currently, the Street is ignoring shrinkage of balance sheets and delay in return to normalcy
While things have improved, market is ignoring balance sheet shrinkage and likely delay in getting back normalcy, say experts
Theater operators PVR Ltd. and Inox Leisure Ltd. have rebounded about 50% since May, after at least three consecutive months of losses
Stocks of multiplex operators have been under pressure ever since the government announced a nationwide lockdown to arrest the spread of the Covid-19 pandemic
Strong box office collections, good growth in F&B sales and reasonable valuations point to healthy upsides despite sharp run up
Strong footfall and good-quality content expected to offset growth pressure on advertising revenue