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<ul><li>On the basis of strong advance bookings, Elara Capital expects a strong opening with earnings of ₹20-22 crore over the weekend.</li><li>The science-fiction movie has been made at a massive budget of ₹410 crore.</li><li>Over the last few months, multiplexes like PVR and Inox have lost 30-35% of their advertisement business after the dismal performance of the latest Bollywood movies.</li></ul>With two days to go for its release, the mega budget movie <keyword id="7397576" type="General" weightage="20" keywordseo="Brahmstra" source="Orion">Brahmāstra</keyword> is off to a flying start, say business analysts. PVR has said that over one lakh tickets have been pre-booked for the coming weekend. “Finally, some relief for the industry. received #Brahmāstra *day-wise data* (advance booking) of a leading multiplex chain. Observations say that tickets sold are at 11,558 which is a very positive start, since advance opened at select locations only,” <a href="https://twitter.com/taran_adarsh/status/1565973786368675841?t=OJ1okV-x7JlFgPVi5qq65g&amp;s=19">tweeted business analyst </a>Taran Adarsh. On the basis of strong advance bookings, Elara Capital expects a strong opening with earnings of ₹20-22 crore over the weekend. “The lifetime box office (collection) for the film is estimated to be in a wide range of ₹130-200 crore, basis the strong advances,” says a media note by the brokerage firm. However, the science fiction movie as it’s being called, has been made over a massive budget of ₹410 crore and even if the upper end is breached it will earn only half of what was spent on its making. The movie is bankrolled by Karan Johar owned Dharma Productions along with Starlight Pictures, Prime Focus and Star Studios. The movie stars Ranbir Kapoor and Alia Bhatt and is the first of the franchise of three movies. “Brahmastra is the first sci-fi based Hindi franchise, and augurs well, as audiences want to watch large scale content in cinemas with visual effects. The film has seen strong acceptance/advances in the premium format screens (Imax, 3D etc), given the nature of content,” said Karan Taurani of Elara Capital. Word-of-mouth publicity But even for the movie to earn ₹200 crore, it would need a lot of good reviews that would bring the audience to the theatres. “We believe a positive word of mouth and audience acceptance can help the film breach the upper end. It will be tough to provide any concrete estimates unless we get to know reviews, as most recent estimates have been revised downwards post reviews. Hope it’s the other way round (positive side) for Brahmāstra as it’s a very large franchise movie and Hindi Box Office desperately needs a hit movie,” says Taurani. However, if the movie turns out to be a hit, it could rake in the moolah for theatre owners who have been hurt by the dismal performance of the much-hyped recent film releases – <keyword id="4632769" type="General" weightage="20" keywordseo="Liger" source="Orion">Liger</keyword> and <keyword id="14924108" type="General" weightage="20" keywordseo="Lal-Singh-Chaddha-" source="Orion">Lal Singh Chaddha.</keyword> “A film like Brahmāstra can provide support (to) ticket prices and spend-per-head growth too, as the film is available in multiple premium formats – average ticket price and spend per head have been 15-25% higher than pre-Covid levels until last quarter for multiplex chains,” said Taurani. The movie will be released in 3D, IMAX 3D and 4DX 3D formats across theatres, this Friday. Moreover, since it’s dubbed in multiple languages, it can bring in 15-20% of the business from regional markets too. Over the last few months, multiplexes like PVR and Inox have lost 30-35% of their advertisement business after the dismal performance of the latest movies. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/retailtech-startup-daalchini-raises-4-million/articleshow/94045971.cms">Retail-tech startup Daalchini raises $4 million in a round led by Unicorn India Ventures</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/finance/banks/news/axis-bank-paynearby-partner-to-take-banking-to-rural-and-remote-areas/articleshow/94050937.cms">Axis Bank, PayNearby partner to take banking to rural and remote areas</a>

Brahmāstra hits the advance booking bulls eye but needs word of mouth publicity

<ul><li>The SGX Nifty was trading 0.67% lower at 7:45 am, indicating a subdued start for Nifty50. </li><li>Here’s a list of stocks to watch for in trade today. </li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider. </a></li></ul>Despite positive cues from the western markets, the Indian equities may open on a cautious note on Tuesday. The SGX Nifty was trading 0.67% lower at 7:45 am, indicating a subdued start for Nifty50. However, the <a href="https://www.businessinsider.in/stock-market/news/dow-closes-835-points-higher-after-hitting-intraday-record-on-pfizer-vaccine-enthusiasm/articleshow/79139613.cms">U.S. stock markets soared on Monday</a>, the progress in the development of a COVID-19 vaccine was all that investors needed to hear to help propel stocks to hit new heights. The Dow Jones Industrial Average closed 835 points higher after hitting an intraday record on Pfizer vaccine news, and the S&amp;P 500 gained 1.17%. These are the stocks to watch out for during the trading session on November 10: Pfizer Limited <a href="https://www.businessinsider.in/science/health/news/pfizers-covid-19-vaccine-is-90-effective-in-preventing-coronavirus-in-those-who-havent-been-infected-ever-before/articleshow/79130097.cms">Pfizer says an early peek at its vaccine</a> data suggests that its shots prevented more than 90% of symptomatic infection, indicating the company is on track later this month to file an emergency use application with U.S. regulators. The shares of Pfizer Limited ended 0.19% higher on Monday. <keyword id="45123" type="CITY" weightage="20" keywordseo="HDFC">HDFC</keyword> Mortgage lender HDFC has reduced its retail prime lending rate (RPLR) on housing loans by 10 basis points (0.10%). The change will benefit all existing HDFC retail home loan customers, it added. The shares of HDFC ended 0.82% higher on Monday. <keyword id="281546" type="COMPANY" weightage="20" keywordseo="HFCL">HFCL</keyword> HFCL has received a letter of award worth ₹678.50 crore from L&amp;T for the supply of I.T. equipment, software solutions and associated equipment. The project is expected to be completed by April next year. The shares of HFCL ended flat on Monday. Tata Consultancy Services Tata Consultancy Services (<keyword id="6357150" type="ORGANIZATION" weightage="20" keywordseo="tcs">TCS</keyword>) and Deutsche Bank AG announced an agreement, under which TCS will acquire 100% shares of Postbank Systems AG (PBS) from the latter. PBS is the full-range captive I.T. service provider that provides project management, application management and infrastructure support services to Postbank and other subsidiaries of Deutsche Bank. PBS has around 1,500 employees and they will become a part of TCS after acquisition. The shares of Tata Consultancy Services ended 0.69% higher on Monday. Engineers India Engineers India board is slated to meet on November 12 to consider buyback of equity shares. The shares of Engineers India ended 0.59% lower on Monday. <keyword id="105311" type="COMPANY" weightage="20" keywordseo="INOX-Leisure">Inox Leisure</keyword> The cinema giant Inox Leisure has launched qualified institutional placement (QIP) at ₹263.1 per share. The floor price is set at a 1.42% discount to Monday’s closing price. The shares of Inox Leisure ended 0.53% higher on Monday. Oil India State-owned oil and gas explorer Oil India Ltd (OIL) on Monday reported a net profit of ₹238.95 crore during the second quarter compared to a net loss of ₹248.61 crore during the sequential quarter. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin reduced to 37.21% in Q2 from 43.39% in the same quarter last year. The shares of Oil India ended 0.69% higher on Monday. <keyword id="105485" type="COMPANY" weightage="20" keywordseo="GAIL-India">GAIL India</keyword>, Mahindra &amp; Mahindra, Hindalco Industries, Tata Power and GMR Infrastructure GAIL India, <a href="https://www.businessinsider.in/business/auto/news/mm-q2-earnings-tomorrow-profit-likely-to-fall-19-percent-but-tractor-sales-may-help-revenue/articleshow/79129620.cms">Mahindra &amp; Mahindra</a>, Hindalco Industries, Tata Power and GMR Infrastructure are the companies among others that are slated to report their quarterly earnings today. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/pfizers-covid-19-vaccine-is-90-effective-in-preventing-coronavirus-in-those-who-havent-been-infected-ever-before/articleshow/79130097.cms" data-type="tilCustomLink">Pfizer’s COVID-19 vaccine is 90% effective in preventing coronavirus in those who haven’t been infected ever before, shows data from latest trials</a> <a href="https://www.businessinsider.in/business/auto/news/mm-q2-earnings-tomorrow-profit-likely-to-fall-19-percent-but-tractor-sales-may-help-revenue/articleshow/79129620.cms" data-type="tilCustomLink">Strong tractor sales may cushion M&amp;M’s revenue but profit is likely to remain under pressure, say analysts</a>

Top stocks to watch — Pfizer, HDFC, TCS, HFCL, Inox Leisure, M&M, GAIL India, Oil India and others

<ul><li>The 30-share index was trading 1.22% higher, and the NSE Nifty rose 128.45 points at 9:55 am.</li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian stock market indices, Sensex rallied over 450 points in early trade on Thursday, driven by gains in index-heavyweights HDFC, Reliance Industries and ICICI Bank amid positive cues from US equities. The 30-share index was trading 1.22% higher, and the NSE Nifty rose 128.45 points at 9:55 am. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Auto </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ONGC </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Titan </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finance </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Britannia </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Axis Bank </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Dr Reddy </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Bajaj Finserv Ltd. </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Nestle India </td></tr></tbody></table>*as of October 1, 10:00 am These are the top stocks in news today. <keyword id="799" type="CITY" weightage="20" keywordseo="PVR">PVR</keyword> and <keyword id="105311" type="COMPANY" weightage="20" keywordseo="INOX-Leisure">INOX Leisure</keyword> surge led by Unlock 5.0 boost The shares of cinema giants PVR and INOX Leisure surged over 11% during the early trade hours on Thursday. The rally was driven by the government decision of reopening cinema halls from October 15 as part of its<a href="https://www.businessinsider.in/india/news/central-government-unlock-5-0-guidelines-cinema-halls-schools-colleges-swimming-pools-can-open-again-with-some-conditions/articleshow/78419665.cms"> Unlock 5.0 guidelines</a>. Reliance Industries (<keyword id="6484187" type="COMPANY" weightage="20" keywordseo="ril">RIL</keyword>) open 2% higher The shares of Mukesh Ambani owned Reliance Industries (RIL) soared 2% after the company raised another <a href="https://www.businessinsider.in/business/news/reliance-retail-raises-another-1875-crore-as-silver-lake-comes-back-with-an-additional-investment/articleshow/78412992.cms">₹1,875 crore from Silver Lake co-investors.</a> <keyword id="6354737" type="CITY" weightage="20" keywordseo="ONGC">ONGC</keyword> and Oil India trade in red The shares of natural gas giants Oil and Natural Gas Corp and Oil India were trading in red after the Indian government slashed the rate by 25% to $1.79 for the period of October 2020 to March 2021. This is the price at which most of the natural gas produced in India is sold. <keyword id="6359783" type="ORGANIZATION" weightage="20" keywordseo="bajaj-auto">Bajaj Auto</keyword> jumps 5% post September sales numbers The shares of auto manufacturer Bajaj Auto jumped 5% after it recorded stellar growth of 10% in its overall sales. The <a href="https://www.bseindia.com/xml-data/corpfiling/AttachLive/c6a2166b-2617-4f6f-b594-7677d3b0d441.pdf">company </a>said it recorded the highest ever sales in its export segment with a year-on-year growth of 14%. KEC International gains 2% The shares of KEC International gained 2% after the construction firm announced that it had bagged multiple orders worth ₹1,033 crore across business segments. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/space/news/isro-to-launch-venus-mission-in-2025/articleshow/78420140.cms">ISRO to carry first-ever French payload abroad Venus mission scheduled for 2025</a>

Top stock movers — RIL, PVR, Bajaj Auto, INOX Leisure, ONGC, Oil India and more

Leading multiplex chain INOX Leisure Ltd. announced on Wednesday that it is all set to live screen matches from <keyword id="5929" type="General" weightage="80" keywordseo="fifa-world-cup" source="Orion">FIFA World Cup</keyword> <keyword id="6355203" type="General" weightage="80" keywordseo="qatar" source="Orion">Qatar</keyword> 2022 across its 22 multiplexes in 15 cities in <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword>. The move means that football fanatics can watch the matches at INOX multiplexes in Mumbai, Delhi, Gurgaon, Kolkata, Pune, <keyword id="826" type="General" weightage="80" keywordseo="goa" source="Orion">Goa</keyword>, Bhubaneswar, Jaipur, Kolkata, Siliguri, Surat, Indore, Vadodara, Dhanbad, and Thrissur, adding to the FIFA Football <keyword id="22177" type="General" weightage="100" keywordseo="world-cup" source="Orion">World Cup</keyword> frenzy in India. The FIFA World Cup Qatar 2022 began on November 20, with the Round of 16 kicking off on December 2, with the final scheduled for December 18. 32 of the best international teams in the world will battle it out to win the coveted title. The tournament unarguably produced one of the biggest shocking results in the history of the competition when Saudi Arabia defeated a Lionel Messi-led Argentina 2-1 in a Group C match at the Lusail Iconic Stadium on Tuesday. "There are certain things that bring people together in our country, and sports is one of them. We are thrilled to bring the most-awaited sporting event, the FIFA World Cup Qatar 2022, to the big cinema screens at INOX." "With this initiative, we aim to provide our patrons with an opportunity to create unforgettable experiences and memories while feeling the pulsating energy as if one were in the stadium itself. We are proud to take our content innovation journey forward with sports, through this historic screening. We look forward to welcoming our guests and letting them soak in an immersive football-viewing fun at INOX," said Alok Tandon, Chief Executive Officer of INOX Leisure Limited. INOX had earlier signed an agreement with the International Cricket Council (ICC) to live screen all matches played by India in the eighth edition of the Men's T20 World Cup in Australia in October-November, where the side reached the semi-finals, before losing to England by ten wickets. They also live screened India's matches in Asia Cup 2022 in the UAE in September. The cinema chain is also the Official Sponsor of the Indian Olympic Association. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/sports/news/no-alcohol-intake-strict-dress-code-us-uk-issue-advisory-for-fifa-world-cup-in-qatar/slidelist/95715119.cms">No alcohol intake, strict dress code: US, UK issue advisory for FIFA World Cup in Qatar</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/bjyus-amul-viacom18-jio-cinema-sbi-more-indian-brands-powering-the-fifa-world-cup-2022/slidelist/95712435.cms">Amul, BJYUs, Jio Cinema &amp; more: Indian brands powering the FIFA World Cup 2022</a>

INOX to screen matches of FIFA World Cup Qatar 2022 live in its cinema halls in India

New Delhi, Feb 7 () Multiplex chain operator Inox Leisure Ltd on Friday reported a 3.97 per cent decline in consolidated net profit for the December quarter at Rs 35.01 crore. The company had posted a net profit of Rs 36.46 crore in the October-December period a year ago, Inox Leisure said in a BSE filing. However, total income rose 18.7 per cent to Rs 517.76 crore as against Rs 436.19 crore in the corresponding quarter last fiscal. Total expenses stood at Rs 463.54 crore, up 21.88 per cent from Rs 380.31 crore earlier. It reported footfall growth of 11 per cent, with 17 million tickets sold in the quarter. Inox operates 146 multiplexes and 614 screens in 68 cities pan India. Shares of Inox Leisure Ltd on Friday settled at Rs 425.10 on BSE, up 2.89 per cent. KRH ABM

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Brahmāstra hits the advance booking bulls eye but needs word of mouth publicity

Katya Naidu

Top stocks to watch — Pfizer, HDFC, TCS, HFCL, Inox Leisure, M&M, GAIL India, Oil India and others

Navdeep Yadav

Top stock movers — RIL, PVR, Bajaj Auto, INOX Leisure, ONGC, Oil India and more

Navdeep Yadav

INOX to screen matches of FIFA World Cup Qatar 2022 live in its cinema halls in India

IANS

Inox Leisure Q3 net down 4 pc to Rs 35.01 cr

PTI

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