RRR, KGF: Chapter 2's success rings cash register; know how INOX, PVR stocks stand to gain

With RRR and KGF: Chapter 2 creating history by breaking the box office collection record, the stocks of various multiplex companies are expected to grow. Zee Business' Research Analyst Kushal Gupta decodes the impact on leisure stocks INOX Leisure Limited and PVR Limited stocks.

The stocks of PVR were down by approximately 4 per cent and closed at Rs 1,825.55 today on the NSE. Meanwhile, the Stocks of INOX were down by around 3 per cent and closed at Rs 501.00 as per the NSE website.

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However, due to the massive collection from blockbuster hits like RRR and KGF: Chapter 2, the stock of multiplex companies is expected to show an upside movement, Gupta said.

In fact, the four-day long weekends supported the impetus on the cinema industry. PVR contributed to up to 34 per cent of the total screen presence in the north part of the country, and it has only grown after it joined hands with Inox, said, Gupta.

SS Rajamouli's 'RRR' created history by collecting over Rs 1,000 crore at the worldwide box office. Gupta said that the film, consisting of Telugu superstars Ram Charan and NT Rama Rao Jr, was released on March 25 in Telugu, Tamil, Malayalam, Kannada, and Hindi.

Additionally, Yash-starrer KGF: Chapter 2 garnered Rs 100 crore on the first day of its release. He added that the film has now taken its total earnings across all language versions to over Rs 500 crore globally.

KGF Chapter 2 is creating history in terms of Box Office Collection. According to a tweet by famous movie critic and biz analyst Taran Adarsh, KGF 2 is the fastest to enter the Rs 200 crore club as it will cross Rs 200 crore today, claimed Gupta.

According to Comscore, KGF2, this gross collection makes the film the second-highest-grossing film in the world over the recently-concluded weekend. 

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जानिए सारी डिटेल्स कुशल गुप्ता से...@KushalGupta44 @deepdbhandari pic.twitter.com/nK9NjxBUDg

— Zee Business (@ZeeBusiness) April 18, 2022