Breaking India State Sports Career Business Entertainment Biography Lifestyle

Shraddha’s wife played lottery for him and won Rs 2,682 crore in a month.

Sagar Patel

By Sagar Patel

Published on:

The performance of Bollywood films has a tremendous impact on the stock market. PVR Inox stock during Dagar2 last year is a great example of this. Now Stree2 has also broken the record of Gadar. If we look at PVR Inox stock, about a month after the release of Stree 2, it is seen to have risen by as much as 19 per cent. Which is more than the figures a month before the release date of Gadar 2.

This means that Stree 2 has benefited PVR Inox stock more than Gadar 2. The special thing is that after the release date of this Shraddha Kapoor film, the market capitalization of the company has increased by approximately Rs 27 crore in a month. The box office collection of Stree 2 itself is over Rs 576 crore. Let us also tell you how Stree 2 PVR has proved to be a blockbuster in the stock market for INOX.

PVR Inox performance during Calle 2

It has been almost a month since the release of Stree 2. Since then, the company’s shares have been fluctuating between Rs 1,400 and Rs 1,700. This means that the company’s shares have seen a rise of 19 percent during this period. If we look at the BSE data, the film was released on August 15 and the stock exchange was closed on that day. In such a situation, on August 14, PVR shares closed at Rs 1,433.50. Whereas after a day of the film’s release, the company’s shares closed at Rs 1,499.95. This means that the share saw a rise of 4.64 percent. This was the effect of the response on the first day of the film.

read this too

After that, as Stree 2 gained momentum, the company’s stock also kept rising accordingly. Though the company’s stock may have seen a drop of over one percent on August 17, during the trading session the company’s stock touched the day’s high of Rs 1,706.65. This means that after the release of the film, the company’s stock rose by 19 percent.

Profit of Rs 2,700 crore in one month

If we talk about the market capitalization of the company, then the company has seen an increase of approximately Rs 2,700 crore. If we look at the data, the market cap of the company was Rs 14,076 crore on August 14, which touched the day’s high of Rs 16,758 crore during the trading session. This means that the market cap of the company has seen an increase of Rs 2,682 crore. If experts are to be believed, the box office performance of Stree 2 has not dipped yet. The film continues to make money at the box office. Many such films will be ready for release in the coming days, which can attract people from their homes to the theatres and generate huge profits at the box office. In such a situation, a further increase in the company’s stock and market cap can be seen.

PVR Inox performance during Gadar 2

If we talk about Gadar 2 last year, this film took the box office by storm and almost ended the Bollywood drought. Even then, there was a good rise in the shares of INOX. The film was also released on August 11 to take advantage of the August 15 holiday. Back then, the share of Inox was Rs 16,36.85. It had increased to Rs 1,879.75 during the trading session on September 11. This means that the company’s shares gave investors a return of 14.84 percent. This means that the PVR Inox share increased more during Stree 2 than during Gadar 2.

How far can the action go?

A day ago, brokerage firm Anand Rathi said in its report that the company’s stock may reach Rs 2,065 in the coming days. This means that a 25 percent increase can be seen and it is recommended to buy. Following this prediction, the company’s stock rose by up to 3 percent on Monday. After which the company’s stock closed at Rs 1,690. After all, what are the reasons why PVR Inox stock may rise? According to the report, many big films including Kalki 2898 AD, Stree 2, Deadpool and Wolverine and Ryan are expected to generate strong revenues in the second quarter. The third quarter is estimated to be the most successful for the company, in which franchise films like Pushpa 2, Singham Returns, Sitare Zameen Par and Bhool Bhulaiyaa 3 are ready for release.

Why can we see an increase?

According to the company’s report, after a subdued first quarter, PVR Inox will gradually improve from the second quarter of the current fiscal year. Also, advertising revenues, which are lagging behind pre-Covid levels, should get a boost. Looking ahead, the third quarter is expected to be a good quarter for PVR-INOX, with several franchise films scheduled to release during this period. PVR’s performance in the third quarter may even surpass that of the second quarter of the previous fiscal year, which turned out to be the best for the company. During that time, films such as Gadar-2, OMG-2 and Oppenheimer achieved record profits for PVR Inox.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

Related Post

Leave a comment