Page 4 - Pvr

Sensex falls 710 pts, Nifty holds 15,400; Metal index drops 5%, RIL 3%

CLOSING BELL: In the broader markets, the Nifty MidCap100 and SmallCap100 indices fell up to 1.6 per cent.

Stocks to watch today: Airtel, Zomato, PVR, Inox, Adani Enterprises, ONGC

Stocks to Watch Today: Zomato board is scheduled to meet on June 24 to consider a potential acquisition transaction.

PVR, Inox get SEBI nod for merger to create India's largest multiplex chain

PVR promoters will have a 10.62% in the combined entity; Inox's side will have a 16.66%

Covid-19: Analysts dump diagnostic firms for multiplexes on solid outlook

Experts believe the current news cycle may keep the stock prices of related players volatile in the near term, but any fundamental or direct impact, in the long run, remains improbable.

A merger wave in media

A mix of history, the pandemic and its cascading effects are among the reasons for this action

Box office hits record Rs 1,500 cr in March; April likely to be as good

Based on the trends in March and April, Gianchandani said the industry expected FY23 to be the best year for it 'ever' with overall revenues expected to hit Rs 14,500-Rs 15,500 crore

Uptick in movie biz prompts exhibitors to increase screen count in FY23

PVR, Inox and Cinepolis adding 125, 77 and 60 screens, respectively, in FY23

Stocks to Watch: Banks, IT, GNFC, SRF, PVR, UPL, CBI, Vedant Fashions

Stocks to Watch Today: Asian Paints, Cipla, Gujarat Gas and Vodafone Idea will be in focus ahead of the Q4 results on Tuesday, May 10, 2022.

PVR reports net loss of Rs 105.49 cr, revenue at Rs 537.14 cr in Q4

Leading multiplex chain operator PVR Ltd on Monday reported narrowing of its consolidated net loss to Rs 105.49 crore for the fourth quarter ended in March 2022. The company had posted a net loss of Rs 289.21 crore in the January-March quarter a year ago, PVR said in a BSE filing. Its revenue from operations rose by nearly three-fold to Rs 537.14 crore during the quarter under review as against Rs 181.46 crore in the corresponding quarter last fiscal. Its total expenses were at Rs 731.17 crore, up 43.91 per cent in Q4/FY 2021-22 as against Rs 508.07 crore in the year-ago quarter. Shares of PVR Ltd on Monday were trading at Rs 1,688.30 apiece on BSE, down 0.73 per cent, from the previous close.

Explained: Why M&As are rising in India & how can investors benefit?

Reports suggest LTI & Mindtree could be eyeing a merger. Besides, the acquisition race for Holcim's India assets is heating up Ultratech Cement reportedly throwing in its hat in the ring

PVR-Inox combined pipeline at 2,000 screens; plan to double in seven years

Leading multiplex operators Inox Leisure and PVR, which had announced their merger last month, have a combined pipeline of 2,000 screens and aim to double this size in next seven years, entailing an investment of Rs 4,000 crore. The merged entity would invest capex of Rs 2.5 crore per screen as part of their expansion, said Inox Leisure Director Siddharth Jain in a Business Update Conference Call with the investors after announcing the merger. On March 27, PVR and INOX Leisure announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens to unlock the opportunities in tier III, IV & V cities besides the developed markets. The combined entity will be named PVR INOX Ltd with the branding of existing screens to continue as PVR and INOX, respectively. New cinemas opened post the merger will be branded as PVR INOX, the companies had said on March 27. Responding to a query over the number of screens in the pipeline of the ...

PVR discontinues operations of 23 screens after lease expiry with Cineline

Cineline India, a part of Kanakia Group, had earlier announced reentering the film exhibition business with a new brand identity

PVR-Inox: Merger faces no threat from OTT; CCI approval eyed, say analysts

PVR and Inox have seen strong bounceback led by compelling movie content, rise in average ticket prices, and food and beverage (F&B) revenue per head surpassing pre-pandemic levels

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

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

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 merger: We want to roll out 200 screens a year, says Bijli & Jain

From a macro angle, with the consumer behaviour change that has happened, content is getting consumed everywhere: Bijli and Jain

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.