Nirmal Bang: Film Exhibition Sector Q2 FY21 Result Preview - Light At End Of The Tunnel; New Content Release Key

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Nirmal Bang Report.PVR Ltd. and Inox Leisure Ltd. were up approximately 21% and approximately 19% in Q2 FY21 after declining in Q1 FY21 by approximately 15% and 13%, respectively.However, share prices for both the companies are still below pre-Covid-19 levels.Inox Leisure and PVR will report another quarter of negligible revenues, as cinemas remained shut for the entire quarter.However, after two consecutive quarters of despair, the Ministry of Home Affairs at the centre has allowed opening up of multiplexes with effect from October15, 2020, with 50% seating capacity.Subsequently, certain standard operating procedures for the theaters have also been released.The opening up is still subject to the stance of individual state governments. While Maharashtra has indicated that it will keep cinemas closed till the end of October, Tamil Nadu and Delhi governments are yet to spell out their stance..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Nirmal Bang: Film Exhibition Sector Q2 FY21 Result Preview - Light At End Of The Tunnel; New Content Release Key

Nirmal Bang: Film Exhibition Sector Q2 FY21 Result Preview - Light At End Of The Tunnel; New Content Release Key

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