According to the data, on September 8, the share of PVR Inox reached Rs 1847.85. After 19 days ie on 26th September, the company’s shares touched the day’s low of Rs 1703.55. This means that a decrease of about 8 percent was seen in the shares of PVR.
The magic of Shahrukh Khan’s Jawan never worked in the stock market. Since the release of the film, the shares of PVR Inox have seen a decline of more than 7 percent and the valuation of the multiplex has seen a decline of more than Rs 1400 crore.
The amazing thing is that when Gadar 2 was released in the month of August, PVR Inox shares gave huge returns to the investors. In less than a month, PVR Inox shares saw a record rise of more than 12 percent.
Well, Jawan continued to shine at the box office. In 19 days, Jawan earned more than Rs 1000 crore worldwide. If we talk about domestic collection, it earned Rs 566 crore. Now Jawan has set his eyes on Rs 600 crore. If experts are to be believed, the income of an Indian soldier can exceed Rs 700 crore.
The buzz about the film is still there. Being a Pan India film, the film is very popular in other languages too. Let’s take a look at PVR Inox stock and see how much profit and loss investors made during Gadar 2 or Jawan.
Record earnings were made during Gadar 2
Gadar 2 also created havoc at the box office and after a long time, Sunny Deol’s film broke records and earned. On one hand, the success of Gadar 2 can be seen at the box office. Meanwhile, investors are pouring money into the stock market. The film released on 11 August and on 10 August the PVR Inox share was Rs 1,631.15. Exactly one day before the release of the film Jawan ie on 6th September, the shares of the company went down by Rs 1,827.30. This means that due to the success of Gadar 2 and increasing footfall in the country at the theatres, the shares of the company saw a record rise of more than 12 percent.
Situation after release of jawan
Now let’s try to understand the situation of the young man. The release date of Jawan is 7th September. Unlike Gadar 2, there were no big films during the release of Jawan. This means that the entire field is clear for the soldier. The film benefited greatly from this and Shahrukh Khan got the biggest opening of his career at the box office.
But its effect is not visible in the stock market. According to the data, on December 8, the company’s share reached Rs 1847.85. After that there is no special enthusiasm on the part of PVR. After 19 days, the company’s shares touched the day’s low of Rs 1703.55. This means that a decrease of about 8 percent was seen in the shares of PVR.
PVR suffered a loss of Rs 1,415.89 crore
On September 8, shares of PVR Inox closed at Rs 1847.85. The company’s market cap that day was Rs 18,131.43 crore. On 26th September i.e. today, PVR Inox shares were at the low level of the day at Rs 1703.55 and the market cap of the company reached Rs 16715.54 crore. This means that since then PVR’s market cap has suffered a loss of Rs 1,415.89 crore. This means that the valuation of PVR Inox has decreased more than the jawan’s income.