Since hitting lows in the first week of August, the stock of India’s largest multiplex operator, PVR Inox (PVR), has risen roughly 20 per cent, outperforming the benchmark S&P BSE Sensex, which gained 9 per cent during the same period. Following a muted April-June quarter (Q1) for 2024-25 (FY25), the improving sentiment for the stock can be attributed to a robust movie pipeline, which is expected to enhance collections in the July-September (Q2) and October-December (Q3) quarters, alongside expectations for deleveraging.
Q2 featured several blockbusters, including Kalki 2898 AD, Stree 2, Deadpool & Wolverine, and Raayan, among
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