Page 7 - Pvr

PVR, Inox Leisure tumble up to 16% in 2 days over Covid-19 fears

Over the weekend, the UK said it had identified a new strain of Covid-19 which spreads more quickly than previous variants

Indices end at record high for 2nd day, Sensex gains 680 pts, tops 43K

All that happened in the markets today.

Multiplex stocks climb as Maharashtra allows movie theatres to reopen

The state accounts for a fifth of the screens for PVR and Inox Leisure

PVR, Inox Leisure gain up to 8% as cinemas reopen in Maharashtra

This will benefit multiplex companies as box office revenue from Maharashtra state constitutes around 30 per cent of total revenue for Hindi films

Occupancy trends key to sense theatre chain PVR's cash flows: Analysts

Company sharply reduces employee costs and rental charges, but has to offer heavy discounts on tickets and snacks

Sensex ends 355 pts higher amid tight US presidential race; IT stocks gain

All that happened in the markets today

Covid shadow on movie buffs: A tepid opening for cinemas on first day

At Cinepolis in south Delhi's Savitri Complex, the 11:30 am show for Malang: Unleash the Madness, featuring Disha Patani and Aditya Roy Kapur, sold a total of four tickets

Cost savings on other fronts to offset rise in operational expenses: PVR

PVR is working on a pricing matrix that includes a ticket price of as low as Rs 69 for old and rerun films

Multiplexes get the go-ahead, but dark cloud still hangs over silver screen

Filmmakers are not expected to be in a hurry to release movies in the October-November period, implying the quarter will hardly come to the rescue of theatre owners

Inox Leisure, PVR surge up to 17% on reopening of cinemas from October 15

The central government has permitted reopening of cinemas from October 15 with up to 50 per cent of seating capacity outside containment zones adhering to the Standard Operating Procedure

PVR, Inox Leisure: Reopening of cinemas in West Bengal can trigger a rally

Is it a good time to buy stocks of multiplex operators amid unlocking of the economy? Here's what charts suggest

PVR, Inox Leisure gain as cinema halls to reopen in West Bengal from Oct 1

Cinema halls have remained shut since the nationwide coronavirus lockdown began in late March.

PVR Q1 loss at Rs 226 cr as revenue nil from core movie exhibition business

PVR Cinemas suffered a consolidated loss after tax of Rs 226 crore in Q1 of the current financial year as compared to a profit of Rs 18 crore during the corresponding period of last year

11,550-11,650 to act as immediate hurdles: Sameet Chavan of Angel Broking

On the lower side, 11,350-11,200 would be seen as a key support zone

PVR defers capex plans to control costs amid Covid-19 disruptions

Cinema halls in India have remained shut since March this year, after the government imposed nationwide lockdown to check the spread of Covid-19

Multiplex chain PVR found guilty of profiteering, but escapes penalty

PVR escaped penalty because it voluntarily deposited Rs 13.72 lakh along with interest worth Rs 35,800 to the consumer welfare fund

PVR jumps 9% as its rights issue gets over-subscribed by 2.24 times

The rights issue received an application for 85.29 lakh shares, worth Rs 672 crore

Market Wrap, June 9: Here's all that happened in the markets today

Sensex shed 414 points or 1.2 per cent to settle at 33,956.69 while NSE's Nifty ended at 10,047, down 121 points

MARKET WRAP: Sensex drops 855 pts from day's high on broad-based sell-off

All that happened in the markets today

PVR, Inox Leisure decline up to 8% on posting losses for March quarter

Inox Leisure posted a consolidated net loss of Rs 82 crore, while PVR reported a loss of Rs 75 crore in Q4, due to lower revenues owing to the outbreak of Covid-19 in the last month of the quarter.