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News of the company receiving a five-year entertainment tax exemption, for two of its properties (at Indore and Mulund, Mumbai) is being viewed as but one in a line of positive triggers that can impact earnings growth of the multiplex operator, PVR Cinema, in the near future. The company is also being viewed favourably by marketmen ever since its announcement of looking at a pan-India presence by expanding to tier II and tier III cities. Given its robust growth plans, analysts maintain the company's stock is quoting at a discount to Inox. However, the stock ended marginally weak on the BSE at Rs 252.65.

Deeptha Rajkumar

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