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    PVR Inox’s fortunes may ride on spectacle films

    The Rs 600 crore mega budget movie produced by C. Aswani Dutt under Vyjayanthi Movies banner and starring Amitabh Bachchan, Kamal Hassan, Prabhas, and Deepika Padukone has attracted an advance booking of over 1.3 million tickets across languages including Hindi, Tamil, Telugu and Malayalam before its release on June 27.

    Synopsis

    Kalki 2898 AD brings hope for exhibitors like PVR Inox with a mega budget movie and exciting advance bookings. Analysts predict exceptional box office performance domestically and internationally, setting the stage for increased revenue. PVR Inox's valuation indicates room for growth, driven by its leadership in the entertainment industry.

    Will the dystopian, multi-starrer, big budget film Kalki 2898 AD lift the fortunes of exhibitors?Since the release of the first trailer of the movie on June 11, the stock of PVR Inox has gained nearly 8% reflecting expectations of high collections in the coming weeks. This gain follows a relatively dull spell for the company amid poor performance of some of the big budget movies and lack of any major Hollywood releases in the first half of 2024.
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    The Economic Times