Multiplex operator PVR INOX Ltd shares slipped on Wednesday, July 16, after the Karnataka government proposed a cap on movie ticket prices at Rs 200 each.The rule would be applied across theatres in Karnataka, from single-screen operators to large-scale multiplexes. Further, it would included all entertainment tax. According to the draft, the public has around 15 days to respond to the proposal. P...

Top Buy IdeasThe market rebounded and recouped all its previous day's losses, closing the rangebound session on a positive note on November 27, with breadth consistently favoring bulls. About 1,729 shares gained, compared to 743 declining shares on the NSE. The rangebound trade is expected to continue in the upcoming session, though the overall trend remains positive. Below are some trading ideas ...

Media stocks have been buzzing in trade on October 8, bucking the volatility in the broader market as names like PVR Inox, TV Today, and Network18 posted strong gains. The surge in these counters led the Nifty Media index over 3 percent higher, making it the best-performing sectoral index in trade today.At 1 pm, shares of PVR Inox, TV Today, and Network18 were up 2-3 percent while the Nifty Media ...

Benchmark indices BSE Sensex and NSE Nifty traded higher, snapping an eight-day losing streak. Nifty reclaimed the 17,400 level by gaining 0.66% intraday while Sensex jumped over 300 points to 59,328. The broader markets followed the benchmarks’ cues and traded firmly in the positive territory, Nifty Small Cap 100 and Midcap 100 gained 1.2% and 1.3% respectively. Sectorally, Nifty Metal outperfo...

If film buffs are hooked to larger-than-life content, Ajay Bijli of PVR Cinemas is matching it with a larger-than-life movie experience. Given that multiplex balancesheets have been battered during the pandemic, and cinemas need every trick to pull the crowds, it might just be the strategy to turn things around.With Friday’s launch of the ICE Theatre experience in India — also the first in A...