PVR delivers good show in Q2 but outlook remains uncertain
Considering that September and October haven't been particularly great, investors are treading on uncertain territory right now
Shares of multiplex companies—PVR Ltd and Inox Leisure Ltd—have been market favourites, what with investors already sitting on 27-35% gains so far this fiscal year. Both companies celebrated a fabulous June quarter helped by successful performance of movies such as Tanu Weds Manu Returns, Fast & Furious 7, Piku, Avengers and so on. September quarter results were good too, though some may be disappointed that they didn’t turn out even better.