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#NewsAlert π¨ PVR Inox plans to shut down 50 cinema screens over the next 6 months
#PVR #PVRInox #PVRCinemas #MovieTheater #Business
#PVR #PVRInox #PVRCinemas #MovieTheater #Business
#EarningsWithMC | PVR Inox reported net consolidated loss for #Q4FY23 at Rs 333.37 crore, widening from the loss of Rs 107.41 crore in the same quarter last year.
More details‡οΈ
moneycontrol.com/news/business/β¦
#PVR #PVRInox #PVRCinemas #Earnings #Q4Results #Stocks #Markets
More details‡οΈ
moneycontrol.com/news/business/β¦
#PVR #PVRInox #PVRCinemas #Earnings #Q4Results #Stocks #Markets
#PVR Inox announced its intention to close around 50 #cinema screens within the next six months. These screens either operate at a loss or are situated in malls that have reached the end of their life cycle.
Read at β¬οΈ
moneycontrol.com/news/business/β¦
#PVRCinemas
Read at β¬οΈ
moneycontrol.com/news/business/β¦
#PVRCinemas
Is Popcorn a luxury? πΏ
Let's find out π§΅
Let's find out π§΅
π½οΈ & πΏ- it's a match π«°
But well, you'd all agree, these popcorns in movie theatres cost you more than the movie ticket itself!
#PVRInox #stockstowatch
But well, you'd all agree, these popcorns in movie theatres cost you more than the movie ticket itself!
#PVRInox #stockstowatch
No denying, popcorn in theatres is a luxury. So, people tend to avoid these when their incomes are running low, i.e. in times of a crisis.
- atleast that's what economists will tell you
- atleast that's what economists will tell you
PVR, Inox Leisure agree for merger in the ratio 3:10 , will become India's largest chain. Merger subject to approvals
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
CMP #PVR 1828
CMP #INOXLEISUR 470
Deal good for Inox as merger happens at ~Rs 550 per share, 17% premium to CMP as per current calculations
#INOXLEISUR is the 2nd largest multiplex player in India with 79 properties, 310 screens & 83,809 seats with 15% Bollywood and 25-30% Hollywood market share.
#PVRInox #PVR #INOXLEISUR
#PVRInox #PVR #INOXLEISUR
#PVR currently operates 860 screens at 179 properties in 73 cities in India & Sri Lanka. It has formats in the premium screen category, including Director's Cut, LUXE, Sapphire, IMAX, 4DX, P[XL], Playhouse and PVR Onyx across the country.
#pvrcinemas #PVR #PVRInox
#pvrcinemas #PVR #PVRInox
