PVR Inox shares are under investors’ radar as the much-awaited Allu Arjun starrer Pushpa 2: The Rule is set to release on Friday, December 5, 2024. The release of big-banner movies has an impact on the revenue of movie exhibitors like PVR Inox Ltd. The advance bookings of Pushpa 2: The Rule have reached ₹100 crore in less than 48 hours.
During 1HFY25, the company posted a revenue of ₹28,505 million, an EBITDA of ₹1,870 million, and a PAT loss of ₹1,142 million. Patron visits totalled 69.2 million, with an average ticket price (ATP) of ₹247 and an F&B spend per head (SPH) of ₹135. PVR INOX also made significant progress in debt reduction, reducing its net debt by ₹1,409 million from March 2024 levels, now standing at ₹12,940 million. The company opened 66 new screens across 9 properties during this period, and 71 new screens across 10 properties year-to-date.
In the past 6 months, PVR Inox shares delivered a return of 20.12%. The shares of PVR Inox are currently trading above the 52-week low-high average with a 52-week low of ₹1,203.70 and a 52-week high of ₹1,829.00. PVR Inox currently has a beta of 0.86, indicating an average volatility against the benchmark indices. On December 4, 2024, PVR Inox shares opened at ₹1,618.95 and touched the day low of ₹1,593.50 at 09:30 AM.
PVR INOX Limited is a leading Indian multiplex chain which offers a premium cinema experience. It was formed in 2023 after the merger of PVR Cinemas and INOX Leisure Limited. PVR opened its first multiplex cinema in New Delhi in 1997 and pioneered the multiplex revolution in India.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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