Shares of PVR INOX remained in focus on March 19 as the much-anticipated film Dhurandhar: The Revenge, starring Ranveer Singh, hit theatres across India. The multiplex giant was expected to see strong footfall and box office-driven gains, with early projections indicating that the sequel could outperform its predecessor. The stock opened on a positive note, rising 2% in early trade, driven by optimism around robust ticket sales and strong advance bookings. However, the momentum was short-lived. PVR INOX shares reversed gains and slipped nearly 3% intraday after reports of show cancellations surfaced in certain parts of the country, raising concerns over occupancy levels.
Ranveer Singh starrer 'Dhurandhar: The Revenge' has already amassed Rs 40.5 crore, gross, in paid previews. Advance ticket sales for March 19 2026 have already grossed to Rs 29 crore. Given exciting initial trends, the movie may well break into the all-time highest Hindi advance bookings list and achieve top-spot, topping KGF-2, said Jinesh Joshi, Research Analyst at PL Capital. With 14 days left for the quarter to end, industry wide box office collections stand at Rs 1,500 crore in 4QFY26E.
However, Dhurandhar-2 has potential to salvage the quarter for PVR-INOX which otherwise appears to be a bit lukewarm as barring Border-2, none of the Bollywood movies like O’Romeo, Mardani-3 or The Kerala Story-2 have been able to strike a chord. Shares of PVR Inox Ltd jumped nearly 3 per cent to Rs 1,029.90 on Wednesday, commanding a total market capitalization above Rs 10,000 crore. The stock has jumped nearly 8 per cent from its lows on Monday. However, the stock is down 18 per cent from its 52-week high at Rs 1,249, hit in October 2025.'Dhurandhar: The Revenge' will provide much needed impetus for PVR Inox , with a number of movies in pipeline by superstars like Salman Khan, Yash, Akshay Kumar, Ranbir Kapoor, said Joshi from PL Capital adding that the four-hour long-run time of 'Dhurandhar' will also boost its food & beverage sales. Meanwhile, markets crashed in Thursday’s trade, with the Sensex dropping over 2,300 points 3% to 74,380, while the Nifty declined by more than 700 points or 3%, to 23,060.