Is the movie business in the doldrums? What's behind films flopping?
Changing audience preferences, streaming alternatives, a poor connection with viewers, and high star salaries have all affected box-office collections.
Shah Rukh Khan's Pathaan to release in theatres on January 25. All you need to know about the film
According to reports, Pathaan's advance bookings have reached one lakh tickets at national cinema chains and this indicates a double-digit opening day for the movie.
Prabhudas Lilladher is bullish on PVR has recommended buy rating on the stock with a target price of Rs 1983 in its research report dated January 19, 2023.
Buy PVR; target of Rs 2050: Emkay Global Financial
Emkay Global Financial is bullish on PVR has recommended buy rating on the stock with a target price of Rs 2050 in its research report dated January 19, 2023.
The multiplex industry is recovering from the pandemic-lows on blockbuster releases both in Hollywood and at home. PVR had logged losses in 10 of the 11 previous quarters.
PVR, INOX growth may be subdued in December quarter as Bollywood failed to enthuse movie fans
The cinema chains had bet big on Hindi films like Cirkus, directed by Rohit Shetty, that was made on a budget of Rs 150 crore and did a total business of around Rs 35 crore.
The stock has been under pressure despite the merger with nearest rival INOX. Kotak says recent weak collections reflect a change in consumer behaviour with the rise of OTT platforms. A dearth of good stories, too, was hurting box officer performance, it said
Relief for PVR, INOX as SC ruling clears ambiguity on F&B, a major revenue contributor
Multiplex chain PVR said that the Supreme Court ruling has established clarity, removes ambiguity around the issue and the judgement will ensure all businesses are treated fairly.
Boycott Pathaan chorus grows; other Bollywood films too bore the brunt of audience backlash
Like Pathaan, some other big Bollywood films, including Aamir Khan-starrer Laal Singh Chaddha (LSC), Akshay Kumar's Raksha Bandhan and Ranbir Kapoor's Brahmastra bore the brunt of the Boycott Bollywood trend. Other films that were boycotted were Vijay Deverakonda and Ananya Pandey's Liger and Ajay Devgn's Thank God.
PVR banking on Avatar 2 and Pathaan, expects strong recovery in revenues
With Rs 3,030 crore in Hindi box office collections thus far, revenues are expected to recover to 80-85 percent of pre-Covid levels in FY23, and fully recover by FY24.
Experts line up 10 stocks that may take part in Nifty's journey towards 19,000
The momentum seems to be in favour of bulls but having consistent run-up for the last few days, some bouts of volatility and consolidation can be seen in coming sessions, before taking gradual march towards first 18,700-19,000 area
Will your movie tickets get cheaper? Multiplexes may not play ball
Exhibitors are open to experimenting with pricing but say constantly lowering rates doesn't support business economics. Producers, on the other hand, are looking at correction in prices.
Trade Spotlight | What should you do with PVR, BLS International Services, RPG Life Sciences on Thursday?
RPG Life Sciences was another stock that we selected for trade spotlight, rising 4 percent to end at record closing high of Rs 855.80. It has seen high wave kind of pattern formation on the daily charts, and bullish candle for fifth consecutive month.