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PVR shares fall 3% as 'Adipurush' movie receives negative feedback

The Morning Standard

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June 17, 2023

PVR Inox shares closed 3.40% lower on Friday at Rs 1,448 apiece on the NSE.

- ARSHAD KHAN

PVR shares fall 3% as 'Adipurush' movie receives negative feedback

CONTRARY to expectations that Adipurush would give a big boost to PVR Inox shares, the negative reviews from filmgoers who watched the big-budgeted movie on the first day of its release dragged down the stock by more than 3%.

“The negative reviews may have had a repercussion on PVR shares which witnessed a good rally on Thursday,” Jinesh Joshi - Research Analyst, Prabhudas Lilladher told this newspaper.

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