Buzz around KGF Chapter 2 release keeps PVR stocks in action; Know what expert tells about this share

PVR stocks: PVR stocks are in action. There was a spike seen in the stock and it ended almost 2.5 percent up on the NSE at Rs 1925 per share. 

Why was PVR in action? What movie are people waiting for? Which film will benefit PVR? Senior Research Analyst of Zee Business Kushal Gupta's report.

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The KGF Chapter 2 is going to release on April 14, 2022. ie Thursday. Talking about this Gupta said the initial data that is coming out is quite encouraging. The advance booking figures for the Hindi version of the movie have almost crossed 11 crores.

Whereas according to the research on PVR, a day before the movie RRR was about to release, the advance collection of the Hindi version of this movie was approximately Rs 5 crore.

Comparing both the movies collection, KGF Chapter 2 collection are estimated to be almost double. And if we look at the gross advance collection figures of this movie, then it has already crossed 20 crores in North India, which seems to be a big trigger point, said Gupta.

In fact, selected seats are being sold at Rs 2000 and Rs 1500 per seat in Delhi and Mumbai. There are also shows at 4 in the morning in Bangalore.

Expert on PVR
Market expert Vijay Chopra has suggested not to buy PVR shares for the time being as it has already seen significant gains. Maybe a gain of 50-75 can be seen in the future. But right now I would not recommend buying these stocks, he said.

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क्यों एक्शन में PVR?

किस फिल्म का लोगों को इंतजार?

किस फिल्म से PVR को होगा फायदा?

जानिए सारी डिटेल्स कुशल गुप्ता से...@KushalGupta44 @vijaychopra7 #PVRCinemas #PVR pic.twitter.com/BDULnnBJAi

— Zee Business (@ZeeBusiness) April 12, 2022