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PVR Inox Reports Profit In Q2 On Successful Releases

The multiplex chain, PVR Inox, announced a profit of Rs 207.3 crore for the second quarter of fiscal 2024, marking a significant recovery from the Rs 81.6 crore loss in the previous quarter. The resurgence can be attributed to the tremendous ...

A Neutral View On A Large Cap And A Mid Cap Stock

Motilal Oswal, a leading brokerage has given a neutral view on stock of two companies that do have a potential to grow marginally. The brokerage has also set target price for the companies, LTIMindtree and PVR Ltd. The brokerage has reiterated ...

For Multiplexes, Second Wave Pushes Recovery To Next Fiscal

Multiplexes are set to log operating losses for the second straight fiscal as localised lockdowns, night curfews and other restrictions to contain the resurgence of Covid-19 infections will keep occupancies low for the next few months, CRISIL has stated. The sector ...

Food & Water Should Not Be Charged More in Multiplexes: Bombay HC

It has been ruled by the Bombay High Court that Food items and bottled water should be sold at regular prices inside multiplexes. Last week, in a response to Public Interest Litigation (PIL) filed by a Mumbai resident Jainendra Baxi, the ...