After Dhurandhar 2 Box Office Boom, Can Bhooth Bangla, Drishyam 3,Cocktail 2 Drive PVR Inox Stock Rally?

PVR INOX Share Price Today: The box office success of Ranveer Singh's Dhurandhar 2: The Revenge has revived optimism around the theatre chain stock PVR INOX. In addition, Akshay Kumar's Bhooth Bangla is witnessing a steady response in cinemas. A strong lineup of releases, including Drishyam 3, Toxic, Cocktail 2, Pati Patni Aur Woh Do, and Welcome To The Jungle, is expected to support footfalls over the next three months, despite the ongoing Indian Premier League season, according to experts.

PVR Inox share price was trading 1% higher at Rs 999 per share on BSE with a market capitalisation of Rs 9,810.18 crore at 9:50 am on Thursday, April 23. The stock had touched an intraday high mark of Rs 1003.20 per share and an intraday low of Rs 993 per share.

"While Bhooth Bangla had a tepid start, the momentum picked up on weekends, and the movie has netted Rs580mn so far. Despite IPL, the pipeline for May is decent and the momentum is expected to pick up in June. Also, 1QFY27E has one blockbuster movie - Toxic. Thus, pipeline for 1QFY27E appears interesting despite the presence of IPL," read the report by Jinesh Joshi, Senior Research Analyst, Institutional Research - PL Capital.

PVR Inox Share Price Recommendation

While Dhurandhar 2's success and anticipation around upcoming movies may benefit PVR Inox's business, the company's improving balance sheet and evolving business model are likely to drive sustained growth over the long term, as per a PL capital report.

"BS health has improved materially over the last 1 year: Given strong performance in 9MFY26, PVR INOX IN's net debt has declined to Rs3,652mn as of 31st Dec-25 (Rs14,304mn in FY23). Cash proceeds of Rs2,268mn from sale of Zea Maize (pop-corn business) is likely to further strengthen the BS. The improvement in BS health was particularly visible after FY25 (net debt was Rs9,522mn) amid content stability evident in 9MFY26 prompting us to change our stance," stated the expert in its report.

PVR Inox Share Price Target

The brokerage has maintained a buy rating for PL Capital stock in the long-term with a target price of Rs 1,236 per share. "In nutshell, FY26E brings in consistency, improved BS health and renewed focus on business model. The stock trades at 9.4x/7.8x our FY27E/FY28E pre-IND AS EBITDA estimates and we believe the risk-reward is in the favour of investors. We maintain BUY with a TP of Rs1,236 (10.5x FY28E EBITDA)," as per the report.

Dhurandhar 2 Box Office Collection, Bhooth Bangla Box Office Collection

Ranveer Singh's Dhurandhar 2: The Revenge box office collection stood at Rs 1,121 crore till Wednesday, April 22, as per Sacnilk data. The movie's India Gross collection stood at Rs 1,341.59 crore and its worldwide collection stood at Rs 1,764 crore.

Akshaya Kumar's Bhooth Bangla's box office collection stood at Rs 78.9 crore (India Net) till Wednesday, as per Sacnilk data. The movie's total collection (India Gross) stood at Rs 93.87 crore and worldwide collection stood at Rs 127.37 crore.,