Dhurandhar Box Office Surge Lifts PVR Inox Shares 7% Amid Record Collections

Market Performance Snapshot

• PVR Inox NSE Price: ₹1,127 per share
• Intraday Gain: 7%
• Nifty Media Index Impact: +2.2%
• Box Office Milestone: ₹350+ crore in 10 days

Shares of PVR Inox witnessed a sharp rally of 6.5–7% on December 15, mirroring strong investor sentiment as the multiplex chain benefits from the blockbuster performance of Ranveer Singh’s Dhurandhar.

Main News: Dhurandhar Dominates Box Office

The Ranveer Singh-starrer Dhurandhar has stormed past the ₹300 crore mark, entering the elite club of highest-grossing Hindi films in 2025. Remarkably, it achieved this milestone in just nine days, faster than other major releases this year.

• The spy drama, helmed by Aditya Dhar, has already collected over ₹350 crore at the box office within ten days.
• The film brings together a powerful ensemble cast featuring Akshaye Khanna, Sanjay Dutt, Arjun Rampal, R. Madhavan, Rakesh Bedi, and Sara Arjun, adding depth and scale to the narrative.

The weekend was historic:

• Second Saturday Collection: Highest ever for a Hindi film, reinforcing Dhurandhar’s growing momentum.
• Second Sunday Collection: ₹59 crore, setting a new benchmark and surpassing previous hits like Pushpa 2.

Limited competition and packed theatres across major cities continue to drive strong footfalls, with several locations reporting capacity constraints.

Company Details & Operational Insights

PVR Inox, India’s leading multiplex chain, benefits directly from blockbuster film releases:

• Revenue Impact: Surge in box office collections boosts ticket sales and concessions.
• Occupancy Rates: Night occupancy on Day 10 reached 71.5%, reflecting strong audience engagement.
• Footfall Trends: Packed screens across urban and semi-urban locations signal continued demand.

The multiplex chain’s stock performance closely mirrors entertainment trends, showing the tangible link between blockbuster films and investor sentiment.

Story Behind the Film

Dhurandhar chronicles the journey of Indian spy Hamza, who infiltrates Pakistan to target Rehman Dakait’s gang. Drawing inspiration from real-life events, including the 2001 Parliament attack and the 26/11 Mumbai terror attack, the film blends high-stakes espionage with historical context, resonating strongly with audiences nationwide.

The film’s compelling narrative, combined with star power and limited box office competition, has created a perfect storm for both the movie and multiplex operators like PVR Inox.

Summary

PVR Inox shares surged 7% on December 15, reflecting the market’s positive reaction to Dhurandhar’s box office success. The film’s record-breaking collections and high occupancy rates underscore the strong link between content performance and multiplex revenues.

As theatres continue to report packed screens and limited availability, PVR Inox stands to benefit from sustained footfalls in the coming weeks. The Dhurandhar effect demonstrates how blockbuster films can influence investor confidence and market performance in India’s entertainment sector.