#Multiplex firms began the FY 22 on a disappointing note as they were shut down again amid rising #COVID19. Analysts however expect them to generate a positive cash flow in the third quarter.

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https://moneycontrol.com/news/business/companies/six-things-to-watch-out-for-as-multiplex-firms-kick-off-results-season-on-friday-7951201.html?utm_source=telegram&utm_medium=social

by Maryam Farooqui

The restrictions imposed by the government on #multiplex operations will push the recovery for the #film exhibition sector to Q1, #ICRA said. 🎥

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https://www.moneycontrol.com/news/trends/entertainment/third-wave-to-push-back-recovery-for-multiplexes-to-q1-fy23-report-7973461.html?utm_source=telegram&utm_medium=social

#MarketsWithMC: Shares of #multiplex chains surged today as the much-anticipated #SSRajamouli's #RRR opened in cinemas. Analysts say revival is on the cards for the industry as #Covid restrictions go.

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https://www.moneycontrol.com/news/business/markets/pvr-inox-leisure-hit-25-month-high-as-rrr-hits-cinemas-8273721.html?utm_source=telegram&utm_medium=social

Films are expected to get a wider play in India this fiscal year with the #multiplex industry planning to ramp up the no. of screens, taking their overall numbers beyond the pre-Covid count, reports Maryam Farooqui.

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https://www.moneycontrol.com/news/trends/entertainment/coming-soon-a-new-cinema-near-you-courtesy-a-multiplex-screen-drive-8499171.html?utm_source=telegram&utm_medium=social