INSUBCONTINENT EXCLUSIVE:
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
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
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.Also read: 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
These do not represent the views of TheIndianSubcontinent)
