‘The Jungle Book’, ‘Fan’ help PVR, Inox shares gain

By: |
New Delhi | Updated: April 11, 2016 1:26 PM

Shares of cinema chain operators PVR and Inox Leisure were trading firm on Monday ahead of long weekend and blockbuster line up.

pvr, inox leisure, bse sensexShares of cinema chain operators PVR and Inox Leisure were trading firm on Monday ahead of long weekend and blockbuster line up.(Photo: Reuters)

Shares of cinema chain operators PVR and Inox Leisure were trading firm on Monday ahead of long weekend and blockbuster line up.

PVR was trading 2 per cent up at Rs 739.95 (11.33am). The scrip opened at Rs 726.95 and touched a high and low of Rs 741.60 and Rs 726.95, respectively, in trade so far.

Inox Leisure shares were trading 3.49 per cent up at Rs 210.50 at the same time. The scrip opened at Rs 204.05 and has touched a high and low of Rs 210.50 and Rs 203, respectively, in trade. The 30-share Sensex was trading 36.12 points down at 24,637.72.

There are a few movies lined up this summer, including Walt Disney’s already-released “The Jungle Book” and Yash Raj Films’ “Fan”, slated for release on April 15.

The Jungle Book movie has witnessed the second biggest opening weekend of 2016, after Airlift. It saw a collection of total Rs 40.19 cr net till now, inculding  Rs 10.09 cr(on Fridays- its release day), Rs 13.51 cr (Saturday), Rs 16.59 cr (Sunday), tweeted movie trade analyst Taran Adarsh.

According to market analysts, March quarter earnings are expected to be weak for exhibitors due to school exams and delay in good content release.

(With inputs from Reuters)

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1F&O expiry outlook 28 Oct: Nifty support at 18060-18000; Bank Nifty to guide Nifty 50 this expiry week
2Share Market LIVE: SGX Nifty sits in green ahead of opening; ZEE to inform Bombay High Court of EGM date today
3Analyst Corner: ‘Add’ on Brookfield REIT with fair value of Rs 290