Shares of PVR Inox slid 1.8% to an intraday low of Rs 972.50 on the BSE on Wednesday, July 16, following a significant announcement by the Karnataka government.
The new regulations propose that the price of movie tickets across Karnataka be capped at Rs 200, inclusive of entertainment taxes.The state has notified the Karnataka Cinemas (Regulation) (Amendment) Rules, 2025, which are expected to impact the movie exhibition industryparticularly multiplex chains like PVR Inox.The move is seen as a major step toward making cinema more accessible, directly addressing concerns over high ticket prices raised by moviegoers.Multiplexes across the state are required to comply with this price ceiling, with a 15-day deadline for implementation.While the policy is likely to benefit audiences, it raises questions about how multiplex chains like PVR Inox will adapt their revenue models in response to the cap.Live EventsAs one of the largest cinema chains in India, PVR Inox will have to consider potential adjustments to its pricing, promotional strategies, and overall business model to align with the new regulation.
: Dolly Khanna bets on this smallcap stock with 1.5% stake purchase in June quarterOver the past one year, shares of PVR Inox have declined by 32.22%.
Year-to-date (YTD), the stock is down 24.88%, while over the last six months, it has fallen by 8.75%.
However, in the past three months, the stock has gained 4.66%, and in the last month, it is up 3.59%.On Tuesday, PVR Inox shares closed 1% higher at Rs 989.95 on BSE.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own.
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