PVR Inox Rises on Q2 Profit

  Published 7 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%.

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