PVR INOX shares rise 3% despite posting ₹82 cr loss in Q1; here’s why
Sequentially, PVR INOX’s loss narrowed significantly from ₹334 crore in Q4FY23, led by a growth of 70% in quarter-on-quarter box office collections for Hollywood films.
pvr inox merger
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PVR share halts 3-day rally; falls 5% amid block deal
PVR shares tumbled amid a report that four investors sold around 9% stake in the multiplex chain operator via a block deal today.
PVR, INOX shares rise up to 3% after merger nod from BSE, NSE
PVR and INOX Leisure have received ‘no objection’ certificates from BSE and NSE for the merger deal announced in March this year.
Covid impact, rise of OTT caused PVR, Inox merger
PVR is Numero Uno with 860 screens, Inox is the second-largest multiplex player with 667 screens and the Mexico-based Cinepolis has 400 screens.
