Tamil Nadu government allowing 100 percent occupancy is a huge positive for multiplex cinema major PVR, which has a large presence in the southern state. The company has made a couple of acquisitions. Moreover, the TN govt move has given market a renewed hope that it will be followed by some of the other states as well. A big trigger would also come if the Hindi films also start releasing in theatres.
CNBC-TV18’s Anuj Singhal gives a detailed analysis in the special segment ‘Stock 360’.
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(Edited by : Ajay Vaishnav)
First Published: Jan 4, 2021 3:53 PM IST