India's PVR Inox rises after luxury dine-in cinema launch

PVR INOX

09/10/2025 05:58

** Shares of multiplex operator PVR Inox Ltd PVRL.NS rise nearly 2% to 1,109 rupees

** Shares set to snap a three-day losing streak, if current trend holds

** Co launches luxury dine-in cinema in Bengaluru

** Brokerage CLSA says festive season to allay concerns over multiplexes, sees PVRL occupancy rebuilding in near term

** PVRL stock rated "buy" on avg by analysts; median PT at 1,300 rupees, as per data compiled by LSEG

** YTD, PVRL stock down ~15% vs Nifty 500's .NIFTY500 3.4% rise

 (Reporting by Komal Salecha)

 ((Komal@thomsonreuters.com;))