Shares of PVR Inox rose nearly 2% on Wednesday, trading at Rs 1,023.40 during the session, as strong anticipation around the release of Dhurandhar 2: The Revenge boosted sentiment in theatre stocks.

The Ranveer Singh-starrer has generated significant buzz ahead of its release, with advance bookings indicating one of the biggest openings in Indian cinema history. The film recorded Rs 44.25 crore in paid previews scheduled for March 18, while Day 1 advance bookings for March 19 have crossed Rs 33.60 crore with over 7 lakh tickets sold across more than 17,000 shows.

Overseas demand has also remained strong, with weekend pre-sales estimated at Rs 75 crore. The combined total pre-sales for the opening weekend currently stand at over Rs 153 crore, including block bookings.

High demand across key markets such as Delhi-NCR and Mumbai is expected to drive strong occupancy levels, potentially translating into higher footfall for multiplex operators like PVR Inox.

During Wednesday’s session, the stock traded in the range of Rs 1,008.70 to Rs 1,028.80, compared to its previous close of Rs 1,003.30. The company’s market capitalisation stood at approximately Rs 95,960 crore.

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