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Pvr Inox Announces The Reopening Of The Iconic Paras Cinema In A New Avatar Featuring Imax With Laser PVR INOX, the largest and the most premium cinema exhibitor in India has announced the reopening of the iconic Paras Cinema in a new avatar at Nehru Place, New Delhi today. This launch marks the opening of the fifth IMAX in Delhi and the second standalone IMAX theatre in India featuring IMAX® with Laser technology, a next generation laser projection and multi-channel sound system exclusive to IMAX theatres for a truly immersive experience. W...
Pvr Inox Announces The Reopening Of The Iconic Paras Cinema In A New Avatar Featuring Imax With Laser
Pvr Inox Announces The Reopening Of The Iconic Paras Cinema In A New Avatar Featuring Imax With Laser
Source: PR Agency
7/09/2023 5:26:59 PM
PVR INOX trades higher after it reopens iconic Paras Cinema in New Delhi PVR Inox is currently trading at Rs. 1852.00, up by 24.70 points or 1.35% from its previous closing of Rs. 1827.30 on the BSE. The scrip opened at Rs. 1843.00 and has touched a high and low of Rs. 1869.00 and Rs. 1829.95 respectively. So far 53005 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1974.75 on 14-Sep-2022 and a 52 week low of Rs. 1336.50 on 17-May-2023. Last one week high and low of the scrip stood ...
PVR INOX trades higher after it reopens iconic Paras Cinema in New Delhi
PVR INOX trades higher after it reopens iconic Paras Cinema in New Delhi
Source: Accord Fintech
7/09/2023 3:52:57 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.320 - Motilal Oswal Financial Services Ltd ZEE-Sony – A strong force in the making Emerging strong player in the broadcasting space The proposed merger between Zee Entertainment Enterprises India (ZEE) and Sony Pictures Networks India (SONY), which was recently approved by the NCLT, is expected to create a dominant player in the media industry. A war chest of USD1.6b (capital infusion) and steady annual EBITDA generation capability of ~INR40-50b from the linear business should enable the company to compete within the high-...
Buy Zee Entertainment Enterprises Ltd For Target Rs.320 - Motilal Oswal Financial Services Ltd
Buy Zee Entertainment Enterprises Ltd For Target Rs.320 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
1/09/2023 2:56:06 PM
MPS surges as its arm to acquire 65% stake in Liberate Group entities MPS is currently trading at Rs. 1573.45, up by 59.30 points or 3.92% from its previous closing of Rs. 1514.15 on the BSE. The scrip opened at Rs. 1605.00 and has touched a high and low of Rs. 1605.00 and Rs. 1543.90 respectively. So far 1863 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1654.05 on 21-Aug-2023 and a 52 week low of Rs. 620.00 on 03-Oct-2022. Last one week high and low of the scrip stood at Rs. ...
MPS surges as its arm to acquire 65% stake in Liberate Group entities
MPS surges as its arm to acquire 65% stake in Liberate Group entities
Source: Accord Fintech
30/08/2023 3:50:14 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs.280 - Motilal Oswal Financial Services Ltd Heavy investments continue * Zee Entertainment (Zee)’s consolidated EBITDA declined 34% YoY (a beat) as its revenue growth (of 8% YoY) was offset by higher content and Zee5 spends. Ad revenue dropped 4% YoY due to weak market and the impact of IPL, offset by 18% YoY subscription revenue growth on the back of NTO 3.0 and digital subscription growth in 1QFY24. * We largely retain our revenue/EBITDA estimates for FY24/FY25 building in recovery in the ad market and continued investmen...
Buy Zee Entertainment Enterprises Ltd For Target Rs.280 - Motilal Oswal Financial Services Ltd
Buy Zee Entertainment Enterprises Ltd For Target Rs.280 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
28/08/2023 12:19:03 PM
Picturehouse Media touches roof on getting nod to acquire stake in New Cyberabad City Projects Picturehouse Media is currently trading at its upper limit of Rs. 5.67, up by 0.27 points or 5.00% from its previous closing of Rs. 5.40 on the BSE. The scrip opened at Rs. 5.67 and has touched a high and low of Rs. 5.67 and Rs. 5.18 respectively. So far 20560 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 10.10 on 20-Oct-2022 and a 52 week low of Rs. 4.10 on 12-Sep-2022. Last one week high and low of the scri...
Picturehouse Media touches roof on getting nod to acquire stake in New Cyberabad City Projects
Picturehouse Media touches roof on getting nod to acquire stake in New Cyberabad City Projects
Source: Accord Fintech
24/08/2023 3:50:23 PM
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services Strong subscription revenue, merger approved Zee Entertainment Enterprises Ltd. (ZEEL), a subsidiary of Essel Group, is an Indian mass media company with interests in television, print, films, mobile content and internet, and allied businesses. • Revenue from operations in Q1FY24 grew 7.6% YoY to Rs. 1,984cr, driven by subscription revenue, and other sales and service revenue. • EBITDA fell 42.3% YoY to Rs. 155cr, while margin narrowed 680bps YoY to 7.8% due to a rise in overall ...
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services
Large Cap : Buy Zee Entertainment Enterprises Ltd For Target Rs.312 - Geojit Financial Services
Source: Geojit Financial Services
22/08/2023 3:28:42 PM
Buy Sun TV Network Ltd For Target Rs.630 - Motilal Oswal Financial Services Ltd Higher opex drags profitability * SUNTV reported an EBITDA growth of 3% YoY to INR7.9b (15% beat), driven by a revenue increase of 10.4% YoY. However, the rise in production and operating expenses has somewhat mitigated this positive momentum. The revenue growth was mainly driven by income from IPL and domestic subscription revenue growth as advertisement revenues remained flattish YoY. * Continued weakness around ad revenue growth, coupled with the looming risk of market share erosion ...
Buy Sun TV Network Ltd For Target Rs.630 - Motilal Oswal Financial Services Ltd
Buy Sun TV Network Ltd For Target Rs.630 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
20/08/2023 2:21:40 PM
NDTV trades higher on getting nod for four new channels New Delhi Television is currently trading at Rs. 223.45, up by 2.45 points or 1.11% from its previous closing of Rs. 221.00 on the BSE. The scrip opened at Rs. 220.85 and has touched a high and low of Rs. 228.00 and Rs. 220.85 respectively. So far 23229 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 567.85 on 06-Sep-2022 and a 52 week low of Rs. 167.05 on 29-Mar-2023. Last one week high and low of the scrip sto...
NDTV trades higher on getting nod for four new channels
NDTV trades higher on getting nod for four new channels
Source: Accord Fintech
18/08/2023 11:10:19 AM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial Fortunes turning; all at once ZEEL’s 1Q results exceeded expectations with Revenue/EBITDA coming 6%/29% above JMFe, reinforcing our view that growth inflection is closer (Bottoming out?, 10 July 2023). While headline numbers were positive enough, underlying trends were even more encouraging. Ad-spend growth, which picked-up towards 1Q-end, has sustained into 2Q, per the management. Price hikes in linear TV channels after almost 3 years pushed up subscription revenues (+18% YoY). Sust...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Source: JM Financial Institutional Securities
17/08/2023 2:27:58 PM
Quint Digital Media surges as its arm to sell remaining 51% stake in QBML Quint Digital Media is currently trading at Rs. 155.10, up by 4.40 points or 2.92% from its previous closing of Rs. 150.70 on the BSE. The scrip opened at Rs. 153.00 and has touched a high and low of Rs. 159.00 and Rs. 153.00 respectively. So far 93865 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 209.48 on 01-Dec-2022 and a 52 week low of Rs. 79.70 on 06-Feb-2023. Last one week high and low of the scrip stoo...
Quint Digital Media surges as its arm to sell remaining 51% stake in QBML
Quint Digital Media surges as its arm to sell remaining 51% stake in QBML
Source: Accord Fintech
16/08/2023 12:56:50 PM
ABP Network breaks the internet, zooms past 100 million subscribers on YouTube ABP Network, a trailblazing presence in the realm of news broadcasting, has achieved a significant accomplishment by surpassing the impressive milestone of 100 million subscribers on YouTube. This remarkable achievement stands as a testament to the Network's exceptional digital capabilities and emphasizes its resolute dedication to providing trustworthy news and captivating content to diverse language audiences. The collective subscriber count encompasses ...
ABP Network breaks the internet, zooms past 100 million subscribers on YouTube
ABP Network breaks the internet, zooms past 100 million subscribers on YouTube
Source: PR Agency
11/08/2023 5:05:13 PM
Innovatus Entertainment Networks Limited gets listed on BSE SME Platform Innovatus Entertainment Networks Limited became the 448th company to get listed on the BSE SME Platform on August 04, 2023 after successfully completing its public issue on July 27th. Innovatus Entertainment Networks Limited is a Mumbai registered company, Innovators Entertainment Networks Limited offers all the Direct marketing solutions- Management, CRM, B2B and B2C, Activations, and Exhibitions. The company offers services such as Event Management, Activations, and Exhibitions incl...
Innovatus Entertainment Networks Limited gets listed on BSE SME Platform
Innovatus Entertainment Networks Limited gets listed on BSE SME Platform
Source: PR Agency
4/08/2023 4:44:12 PM
PVR INOX EXPANDS ITS PRESENCE IN ODISHA WITH A NEW 5-SCREEN MULTIPLEX IN ROURKELA PVR INOX, the largest and the most premium cinema exhibitor in India has announced the opening of its second cinema in Rourkela today at Plutone Mall. Strengthening its footprints across Odisha, the newly launched 5-screen multiplex would offer city residents yet another out-of-home entertainment destination to watch movies in the best of immersive environment. PVR INOX will strengthen its foothold in Odisha with 25 screens in 6 properties with its presence in Bhubanesh...
PVR INOX EXPANDS ITS PRESENCE IN ODISHA WITH A NEW 5-SCREEN MULTIPLEX IN ROURKELA
PVR INOX EXPANDS ITS PRESENCE IN ODISHA WITH A NEW 5-SCREEN MULTIPLEX IN ROURKELA
Source: PR Agency
28/07/2023 1:05:56 PM
Tips Industries jumps on reporting 58% rise in Q1 net profit Tips Industries is currently trading at Rs. 301.60, up by 7.95 points or 2.71% from its previous closing of Rs. 293.65 on the BSE. The scrip opened at Rs. 299.75 and has touched a high and low of Rs. 305.00 and Rs. 295.90 respectively. So far 25027 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 315.25 on 25-Jul-2023 and a 52 week low of Rs. 138.46 on 22-Aug-2022. Last one week high and low of the scrip stood at...
Tips Industries jumps on reporting 58% rise in Q1 net profit
Tips Industries jumps on reporting 58% rise in Q1 net profit
Source: Accord Fintech
26/07/2023 10:38:01 AM
Media Sector Update : Media Bulletin Jul 23 By ICICI Securities Ltd Media Bulletin is our new series through which we aim to provide updates on the latest happenings in the media sector on amonthly basis. Key data points: * ZEEL market share in GEC for Q1FY24: Mostly maintained or increased across major languages with some decline in Kannada. * Sun TV market share in GEC for Q1FY24: Sequential decline in Tamil and Telugu, maintained or increased in other major languages. * GBO collection in Jul’23 (till 22nd Jul’23) at 16% , 34% , 38% ...
Media Sector Update : Media Bulletin Jul 23 By ICICI Securities Ltd
Media Sector Update : Media Bulletin Jul 23 By ICICI Securities Ltd
Source: ICICI Securities Ltd
25/07/2023 2:12:39 PM
PVR INOX gains on opening new 12-screen superplex in Bengaluru PVR Inox is currently trading at Rs. 1454.00, up by 5.70 points or 0.60% from its previous closing of Rs. 1448.30 on the BSE. The scrip opened at Rs. 1449.45 and has touched a high and low of Rs. 1462.10 and Rs. 1445.00 respectively. So far 1911 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1336.50 on 17-May-2023. Last one week high and low of the scrip stood at...
PVR INOX gains on opening new 12-screen superplex in Bengaluru
PVR INOX gains on opening new 12-screen superplex in Bengaluru
Source: Accord Fintech
21/07/2023 9:47:01 AM
Orient Tradelink rises on signing mega deal with Zee5 Orient Tradelink is currently trading at Rs. 10.24, up by 0.32 points or 3.23% from its previous closing of Rs. 9.92 on the BSE. The scrip opened at Rs. 10.23 and has touched a high and low of Rs. 10.48 and Rs. 9.91 respectively. So far 60867 shares were traded on the counter. The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 15.51 on 20-Mar-2023 and a 52 week low of Rs. 7.21 on 05-Aug-2022. Last one week high and low of the scrip stood at Rs. 10....
Orient Tradelink rises on signing mega deal with Zee5
Orient Tradelink rises on signing mega deal with Zee5
Source: Accord Fintech
20/07/2023 10:32:26 AM
Hathway Cable & Datacom falls despite reporting 7% rise in Q1 consolidated net profit Hathway Cable & Datacom is currently trading at Rs. 15.11, down by 0.69 points or 4.37% from its previous closing of Rs. 15.80 on the BSE. The scrip opened at Rs. 16.19 and has touched a high and low of Rs. 16.19 and Rs. 14.91 respectively. So far 1207003 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 19.70 on 05-Sep-2022 and a 52 week low of Rs. 12.21 on 29-Mar-2023. Last one week high and low of the scrip...
Hathway Cable & Datacom falls despite reporting 7% rise in Q1 consolidated net profit
Hathway Cable & Datacom falls despite reporting 7% rise in Q1 consolidated net profit
Source: Accord Fintech
18/07/2023 12:51:44 PM
India`s entertainment & media industry to reach $73.6 bn by 2027 Driven by a surge in OTT platforms, India’s entertainment and media industry is expected to reach Rs 6,828,944 crore ($73.6 billion) by 2027, growing at a 9.48 per cnet CAGR, a report showed on Tuesday. With new launches from international players and increasing “pay-lite” options, OTT revenue has surged in recent years, expanding a further 25.1 per cent in 2022 to reach Rs 1,48,554 crore ($1.8 billion), according to PwC's ‘Global Entertainment and Media Outlook...
India`s entertainment & media industry to reach $73.6 bn by 2027
India`s entertainment & media industry to reach $73.6 bn by 2027
Source: IANS
18/07/2023 12:46:27 PM
India's Zee Entertainment forms interim committee to run operations Zee Entertainment Enterprises on Monday said it formed an interim committee to run operations after ex-chairman Subhash Chandra and CEO Punit Goenka failed to overturn the market regulator's ban on them holding board positions. The interim committee will be under the supervision of Zee's board, a company spokesperson said. The Securities and Exchange Board of India in June banned Chandra and Goenka from holding board positions in publicly listed companies for a year, alleging th...
India's Zee Entertainment forms interim committee to run operations
India's Zee Entertainment forms interim committee to run operations
Source: Reuters
17/07/2023 4:26:40 PM
Indian print media sector`s revenue to grow between 13-15% in FY24: Crisil Ratings agency Crisil in its latest report has said that revenue of the Indian print media sector will grow between 13-15 per cent in FY24 on the back of  higher spending on advertisement (ad spend) by corporates in key sectors and an uptick in government ad spend in view of the upcoming state and general elections. The revenue of print media is expected to touch Rs 30,000 crore in FY24.  According to the report, print media revenues had plummeted by 40 per cent in FY21 because o...
Indian print media sector`s revenue to grow between 13-15% in FY24: Crisil
Indian print media sector`s revenue to grow between 13-15% in FY24: Crisil
Source: Accord Fintech
12/07/2023 1:09:57 PM
Media Sector Update : 1QFY24 Preview Bottoming out By JM Financial Institutional Securities Ltd 1QFY24’s operating environment is unlikely to have changed materially, in our view. A delayed monsoon pushed out any hope of an FMCG led TV-ad spend recovery. IPL would have further shrank ad-spend pool for GECs. Price hikes post NTO 3.0 are still not rolled out in most regions. We therefore expect a muted growth in ZEEL/Sun TV’s core revenues in 1Q. However, we sense an impending recovery. Conversations/engagements on ad-spend with brands have picked up with the onset of monsoons...
Media Sector Update : 1QFY24 Preview Bottoming out By JM Financial Institutional Securities Ltd
Media Sector Update : 1QFY24 Preview Bottoming out By JM Financial Institutional Securities Ltd
Source: JM Financial Institutional Securities Ltd
11/07/2023 11:36:03 AM
PVR INOX Expands Its Footprint In North And Central India By Opening 2 Cinemas Totalling 15 Screens On A Single Day PVR INOX, the largest and the most premium cinema exhibitor in India has accomplished a landmark of opening 15 Screens across 2 new multiplexes with 10-Screens in Delhi and 5-Screens in Ahmedabad today. The launch of these cinemas is in accordance with its medium- and long-term strategy to accelerate screen roll out across key markets. The company consolidates its presence in North India with 456 screens in 102 properties and 29...
PVR INOX Expands Its Footprint In North And Central India By Opening 2 Cinemas Totalling 15 Screens On A Single Day
PVR INOX Expands Its Footprint In North And Central India By Opening 2 Cinemas Totalling 15 Screens On A Single Day
Source: PR Agency
3/07/2023 1:28:28 PM
Buy PVR Ltd For Target Rs. 1,950 - ICICI Securities Form is temporary; class is permanent As clichéd as it sounds, we feel the cricket inspired title of the note holds true for PVR Inox. It is a strong market leader in its category with a history of value creation and a clean record on corporate governance. Further, competitive intensity in the space has reduced materially over the past couple of years. Given that India’s per capita GDP growth is likely to be sustained over the foreseeable future, we think movie exhibition is l...
Buy PVR Ltd For Target Rs. 1,950 - ICICI Securities
Buy PVR Ltd For Target Rs. 1,950 - ICICI Securities
Source: ICICI Securities
2/07/2023 9:49:28 AM
PVR INOX hosts India`s first and exclusive preview of the much-applauded global film of the year , ``PAST LIVES`` PVR INOX, the largest and the most premium cinema exhibitor in India, hosted an exclusive premiere of the highly anticipated film "Past Lives" which is slated for a theatrical release in India on July 7, 2023, by PVR INOX Pictures, the motion picture arm of PVR INOX Limited. The event took place on 28th June in New Delhi and Mumbai among the presence of media, film critics/reviewers, brand partners, studio partners, PVR INOX loyalty members, MAMI and officials from th...
PVR INOX hosts India`s first and exclusive preview of the much-applauded global film of the year , ``PAST LIVES``
PVR INOX hosts India`s first and exclusive preview of the much-applauded global film of the year , ``PAST LIVES``
Source: PR Agency
29/06/2023 1:46:15 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial Sony should not walk away from the merger Sony-Zee merger is critical for ZEEL. But it is no less for Sony. With c.7% TV viewership – the least among major broadcasters – Sony’s market positioning is hardly envious. What makes it precarious is India’s shifting media landscape. Pay-TV households (HHs) appear to have peaked. TV viewership is trending down as digital consumption chips away at TV time. Urban HHs, Sony’s core TG, are taking to OTT/CTV in droves. So...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Source: JM Financial Institutional Securities Ltd
28/06/2023 2:44:30 PM
Panorama Studios International touches roof as its arm inks pact with Reliance Industries Panorama Studios International is locked its upper circuit limit at Rs.281.60, up by 13.40 points or 5.00% from its previous closing of Rs. 268.20 on the BSE. The scrip opened at Rs. 281.60 and has touched a high and low of Rs. 281.60 and Rs. 257.00 respectively. So far 6693 shares were traded on the counter. The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 281.60 on 26-Jun-2023 and a 52 week low of Rs. 81.00 on 27-Jun-2022. Last one week high a...
Panorama Studios International touches roof as its arm inks pact with Reliance Industries
Panorama Studios International touches roof as its arm inks pact with Reliance Industries
Source: Accord Fintech
26/06/2023 10:32:40 AM
Zee Entertainment stock price jumps 5% after Sony Pictures` statement Zee Entertainment stock price jumped 5 per cent on Wednesday after a statement by Sony Pictures Entertainment headquarters on the proposed merger. While the statement seems to be ambiguous, markets have given a thumbs up to Zee Entertainment. A statement by Sony Pictures Entertainment (SPE) Headquarters in Culver City said: "There have been several erroneous press reports recently speculating about the future of ZEE's planned merger with SPNI following SEBI's interim order ...
Zee Entertainment stock price jumps 5% after Sony Pictures` statement
Zee Entertainment stock price jumps 5% after Sony Pictures` statement
Source: IANS
21/06/2023 2:42:35 PM
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial ZEEL had multiple (known) headwinds getting into 4Q – a weak ad-growth environment, partial blackout of channels and a tough comp (absence of FTA channel + strong theatrical revenue in the base). In that context, revenue growth, albeit weak (-9%), beat our subdued expectations (4% above JMFe). ZEEL’s sustained investment in content, while a drag on nearterm profitability, should stand them in good stead once the demand turns, as has been the case in previous cycles. Healthy OTT gr...
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Buy Zee Entertainment Enterprises Ltd For Target Rs. 300 - JM Financial
Source: JM Financial Institutional Securities Ltd
16/06/2023 1:24:57 PM
India`s Zee down 7% after markets regulator bars promoters from boards Shares of Zee Entertainment Ltd fell as much as 6.6% on Tuesday after India's markets regulator barred its promoters from holding board positions in any publicly listed company, potentially delaying its merger with a local unit of Japan's Sony. The Securities and Exchange Board of India (SEBI) on Monday said in its order that Zee group promoters Subhash Chandra and Punit Goenka were actively involved in diverting company funds to the group's related entities. Sony and Zee de...
India`s Zee down 7% after markets regulator bars promoters from boards
India`s Zee down 7% after markets regulator bars promoters from boards
Source: Reuters
13/06/2023 9:42:23 AM
Buy Saregama India Ltd For The Target Rs.400 - ICICI Direct Revenue mix, one-time royalty impact margins…   About the stock: Saregama India (Saregama) is India’s oldest music label owning ~1.42 lakh songs across various languages, which is monetised over various formats such as digitals (streaming, YouTube), physical (Carvaan) and television. * Apart from music, it is also into TV serials /(Tamil), creates low budget films as well as web series for OTT platforms through Yoodlee Films and has artists and events management bus...
Buy Saregama India Ltd For The Target Rs.400 - ICICI Direct
Buy Saregama India Ltd For The Target Rs.400 - ICICI Direct
Source: ICICI Direct
12/06/2023 12:41:42 PM
Inox Wind surges on bagging iorder for wind power project from ABEnergia Renewables Inox Wind is currently trading at Rs. 146.30, up by 3.35 points or 2.34% from its previous closing of Rs. 142.95 on the BSE. The scrip opened at Rs. 146.30 and has touched a high and low of Rs. 150.00 and Rs. 146.30 respectively. So far 6007 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 160.40 on 16-Sep-2022 and a 52 week low of Rs. 75.40 on 01-Jul-2022. Last one week high and low of the scrip stood at Rs. 15...
Inox Wind surges on bagging iorder for wind power project from ABEnergia Renewables
Inox Wind surges on bagging iorder for wind power project from ABEnergia Renewables
Source: Accord Fintech
8/06/2023 9:49:19 AM
PVR INOX trades higher on the BSE PVR Inox is currently trading at Rs. 1443.45, up by 12.05 points or 0.84% from its previous closing of Rs. 1431.40 on the BSE. The scrip opened at Rs. 1434.00 and has touched a high and low of Rs. 1444.80 and Rs. 1427.85 respectively. So far 12947 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1336.50 on 17-May-2023. Last one week high and low of the scrip stood ...
PVR INOX trades higher on the BSE
PVR INOX trades higher on the BSE
Source: Accord Fintech
6/06/2023 2:39:46 PM
PVR INOX rises on opening new 7-screen multiplex in Bengaluru PVR Inox is currently trading at Rs. 1429.80, up by 29.60 points or 2.11% from its previous closing of Rs. 1400.20 on the BSE. The scrip opened at Rs. 1404.45 and has touched a high and low of Rs. 1435.00 and Rs. 1404.45 respectively. So far 5407 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1336.50 on 17-May-2023. Last one week high and low of the scrip stood a...
PVR INOX rises on opening new 7-screen multiplex in Bengaluru
PVR INOX rises on opening new 7-screen multiplex in Bengaluru
Source: Accord Fintech
5/06/2023 9:38:20 AM
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd Sluggish earnings continue; merger timeline is the key * Zee Entertainment (Z)’s consolidated EBITDA/Adj. PAT declined 70%/77% YoY (36% miss) in 4QFY23 led by continued weakness in ad revenue (-10% YoY), 7-8% impact of FTA withdrawal and high investments in content. Z reported INR900m exceptional loss, which further led to an adj. PAT of INR669m, down 77% YoY during the quarter. * We have cut our FY24 earnings estimate by 16% due to a slower recovery in the ad market and continued...
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd
Buy Zee Entertainment Enterprises Ltd For Target Rs.210- Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
29/05/2023 3:58:59 PM
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4 Zee Entertainment Enterprises is currently trading at Rs. 189.20, up by 10.45 points or 5.85% from its previous closing of Rs. 178.75 on the BSE. The scrip opened at Rs. 175.80 and has touched a high and low of Rs. 192.80 and Rs. 175.80 respectively. So far 1843517 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 286.90 on 06-Oct-2022 and a 52 week low of Rs. 176.60 on 27-Feb-2023. Last one week high and low of t...
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4
Zee Entertainment Enterprises zooms despite reporting consolidated net loss of Rs 196 crore in Q4
Source: Accord Fintech
26/05/2023 2:59:51 PM
Buy Nazara Technologies Ltd For Target Rs.700 - ICICI Securities Ltd Nazara Technologies’ Q4FY23 revenue was in line, but earnings beat our estimates as eSports EBITDA margin rose sharply (~430bps YoY). Also, Kiddopia’s EBITDA margin expanded ~680bps QoQ led by US$1.4 sequential decline in cost per trial. Number of Kiddopia subscribers grew marginally QoQ. We look forward to more clarity on margin improvements in key business segments and their sustainability in the near term from earnings call. We re-iterate BUY on the stock with a target price of...
Buy Nazara Technologies Ltd For Target Rs.700 - ICICI Securities Ltd
Buy Nazara Technologies Ltd For Target Rs.700 - ICICI Securities Ltd
Source: ICICI Securities Ltd
26/05/2023 2:31:17 PM
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs BENGALURU (Reuters) - India's Zee Entertainment Enterprises on Thursday reported its first quarterly loss in three years, as advertisers tightened their marketing budgets and expenses shot up. Zee posted a consolidated net loss of 1.96 billion rupees ($23.7 million) for the fourth quarter ended March 31, against a profit of 1.82 billion rupees a year ago, a regulatory filing showed. The company's total income fell 9.9% to 21.26 billion rupees, while expenses jumped nearly 10%. ...
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs
India's Zee Entertainment posts first loss in 3 years on weak ad demand, higher costs
Source: Reuters
25/05/2023 8:16:41 PM
Neutral Nazara Technologies Ltd For Target Rs.598 - Yes Securities Result Synopsis Nazara Technologies (NAZARA) reported inline financial performance for the quarter. Both, sequential revenue growth and EBITDA margin were broadly along expectation. It reported sequential revenue degrowth of 8.1% QoQ in a seasonally weak quarter for Nazara, led by 8.1% QoQ decline in revenue of esports( contributing 48.4% to revenue) and 0.4% QoQ decrease in the revenue of Gamified Early Learning(contributing 27.7% to revenue). There was sequential decrease in EBITDA margi...
Neutral Nazara Technologies Ltd For Target Rs.598 - Yes Securities
Neutral Nazara Technologies Ltd For Target Rs.598 - Yes Securities
Source: Yes Securities
21/05/2023 3:14:46 PM
Earnings Release for the quarter and Financial year ended 31st March, 2023 Highlights on a standalone basis: Revenues for the year ended 31st March ‘23, up ~4.46 % at Rs.3,661.37 crs; Advertisement Revenues for the year ended 31st March ’23 up ~7.95 % at Rs.1,403.96 crs; EBITDA for the year ended 31st March ’23 up ~3.78 % at Rs.2,349.28 crs. Profit after Tax for the year ended 31st March’23, up ~1.81 % at Rs.1,674.53 crs; Revenues for the quarter ended 31st March ’23 at Rs. 813.53 crs. Advertisement Revenues for the quar...
Earnings Release for the quarter and Financial year ended 31st March, 2023
Earnings Release for the quarter and Financial year ended 31st March, 2023
Source: PR Agency
20/05/2023 11:06:41 AM
PVR Pictures is now PVR INOX Pictures With the merger of PVR and INOX forming PVR INOX Ltd, the motion picture arm has been renamed as PVR INOX Pictures. PVR and INOX, India's largest film exhibition brands, have merged to form PVR INOX and operates a network of 1,689 cinema screens in 361 properties across 115 cities in India and Sri Lanka, and holds 43 per cent share of multiplex screens in India. It has the highest admissions per screen and the fifth highest screen count in the world. PVR INOX combines two strong lea...
PVR Pictures is now PVR INOX Pictures
PVR Pictures is now PVR INOX Pictures
Source: IANS
17/05/2023 2:04:59 PM
MPS trades jubilantly on reporting 46% rise Q4 consolidated net profit MPS is currently trading at Rs. 980.00, up by 77.65 points or 8.61% from its previous closing of Rs. 902.35 on the BSE. The scrip opened at Rs. 914.35 and has touched a high and low of Rs. 986.05 and Rs. 910.00 respectively. So far 21332 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1248.65 on 21-Mar-2023 and a 52 week low of Rs. 515.00 on 16-May-2022. Last one week high and low of the scrip stood at Rs. 986....
MPS trades jubilantly on reporting 46% rise Q4 consolidated net profit
MPS trades jubilantly on reporting 46% rise Q4 consolidated net profit
Source: Accord Fintech
16/05/2023 1:11:02 PM
PVR INOX announces results for the Quarter & 12-month period ended March 2023 PVR INOX Limited today announced its audited consolidated financial results for the quarter and the 12-month period ended March 31, 2023. The quarter ending March 2023 saw the consummation of the PVR INOX merger. The Hon’ble National Company Law Tribunal (‘NCLT’), Mumbai Bench approved the 'Scheme of Amalgamation' between INOX Leisure Limited and PVR Limited on January 12, 2023, and the merger officially became effective on February 6, 2023. The merged entity was ren...
PVR INOX announces results for the Quarter & 12-month period ended March 2023
PVR INOX announces results for the Quarter & 12-month period ended March 2023
Source: PR Agency
16/05/2023 9:12:50 AM
PVR INOX posts Q4 loss on costs related to some cinema closures Multiplex operator PVR INOX Ltd reported a quarterly loss of 3.33 billion rupees ($40.72 million) on Monday, hit by one-time impairment charges and expenses related to the planned shutdowns of some cinemas. The company, formed by the merger of India's top two multiplex operators earlier this year, said it took an accelerated depreciation charge of 105.8 million rupees on 50 loss-making cinemas it plans to shut down over the next six months. Cinema operators in India have been strugg...
PVR INOX posts Q4 loss on costs related to some cinema closures
PVR INOX posts Q4 loss on costs related to some cinema closures
Source: Reuters
16/05/2023 9:06:48 AM
Tips Industries zooms on inking global music publishing agreement with Sony Music Publishing Tips Industries is currently trading at Rs. 160.40, up by 8.30 points or 5.46% from its previous closing of Rs. 152.10 on the BSE. The scrip opened at Rs. 151.50 and has touched a high and low of Rs. 169.80 and Rs. 150.75 respectively. So far 10119 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 199.03 on 29-Jul-2022 and a 52 week low of Rs. 127.40 on 14-Jun-2022. Last one week high and low of the scrip stood at...
Tips Industries zooms on inking global music publishing agreement with Sony Music Publishing
Tips Industries zooms on inking global music publishing agreement with Sony Music Publishing
Source: Accord Fintech
5/05/2023 2:16:34 PM
PVR INOX surges on launching new 6-screen multiplex in New Delhi PVR Inox is currently trading at Rs. 1470.00, up by 6.55 points or 0.45% from its previous closing of Rs. 1463.45 on the BSE.   The scrip opened at Rs. 1463.40 and has touched a high and low of Rs. 1472.45 and Rs. 1449.65 respectively. So far 25010 shares were traded on the counter.   The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2211.55 on 04-Aug-2022 and a 52 week low of Rs. 1431.55 on 27-Apr-2023.   Last one week hig...
PVR INOX surges on launching new 6-screen multiplex in New Delhi
PVR INOX surges on launching new 6-screen multiplex in New Delhi
Source: Accord Fintech
2/05/2023 4:25:28 PM
MR. Ajay Bijli, Managing Director, PVR INOX Limited, the fifth largest listed multiplex chain globally shows the way forward for Exhibitors, Studios and Streaming Platforms ~Delivers the Exhibition Keynote Address at CinemaCon 2023 in Las Vegas (USA) ~  Mr. Ajay Bijli, Managing Director, PVR INOX Limited, the largest and the most premium cinema exhibitor in India and the fifth largest listed multiplex chain globally delivered the keynote address at CinemaCon 2023, the Largest Global Cinema Industry Event in Las Vegas, USA on April 24, 2023. A visionary and thought leader with over three decades of experience in film exhibition business in India...
MR. Ajay Bijli, Managing Director, PVR INOX Limited, the fifth largest listed multiplex chain globally shows the way forward for Exhibitors, Studios and Streaming Platforms
MR. Ajay Bijli, Managing Director, PVR INOX Limited, the fifth largest listed multiplex chain globally shows the way forward for Exhibitors, Studios and Streaming Platforms
Source: PR Agency
1/05/2023 4:00:39 PM