PVR Inox Rises on Q2 Profit

  Published 9 months ago

PVR Inox shares rose 2.26% to Rs 1117.30 after Q2 profit on higher moviegoer footfalls.

  • Second-quarter profit rebound driven by strong film releases, despite volatile earnings from uneven blockbuster schedules throughout the year.
  • Analysts highlight asset-light initiatives, gourmet food, and consistent revenue strategies as key factors to potentially re-rate the stock.
  • Stock maintains 'buy' rating from 17 analysts, median price target Rs 1310, though YTD shares remain down about 14%.

You might like these

Trump & Musk: A Fracturing Alliance?

Muthoot Capital Swings to Q1 Loss

NITI Aayog Report: Powering India's Medium Enterprises

No Change in LTCG Tax Under New IT Bill

Glenmark Pharma Gains on Growth Outlook

NBCC Bags Major Contracts in India

Redington India Reports Surge in Quarterly Profit on Robust Cloud Demand

News that matters the most ⚡