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'RRR' effect: PVR, Inox see stocks hitting a high


'Roudram Ranam Rudhiram' is expected to do a dashing business in multiplexes, especially down South. In Hindi, if the 'word of mouth' is positive, multiplexes in Mumbai, Delhi and other cities will mint moolah in the coming days and weeks.

In anticipation, the stocks of PVR Ltd and Inox Leisure Ltd have reportedly hit a 25-month high. As per Money Control, "Inox Leisure Ltd hit Rs 479, a level last seen on February 26, 2020, while PVR Ltd rose to Rs 1,839, which it last hit on February 28, 2020, on the BSE."

The report suggests that the stupendous success of films like 'Pushpa' and 'The Kashmir Files' is also a factor behind the surge. The outlook is looking positive because of the "easing Covid-19 restrictions."