PVR INOX Ltd. News and Updates

Name: Latest research reports of PVR INOX Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: PVR INOX Ltd.
Rating: 5
Author: ICICI Securities Limited

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PVR INOX Ltd.

20 Jan 2023

1119.60

-0.73%

Q3 rebounds; near-term uncertainties remain

Buy: PVR INOX Ltd.

ICICI Securities Limited

PVR’s Q3FY23 revenue grew beyond its pre-covid levels (Q3FY20) of Rs9.2bn, which is positive in our view and underlines sequential improvement from Q2FY23 lows.

PVR INOX Ltd. has lost -33.22% in the last 1 Year

PVR INOX Ltd.

19 Jan 2023, 12:00AM

1119.60

-0.73%

Occupancies recover but yet below pre covid levels

Neutral: PVR INOX Ltd.

Target

Motilal Oswal

PVR INOX Ltd. is trading above all available SMAs

PVR INOX Ltd.

18 Jan 2023, 03:29PM

1119.60

-0.73%

PVR, INOX growth may be subdued in December quarter as Bollywood failed to enthuse movie fans

Moneycontrol

The cinema chains had bet big on Hindi films like Cirkus, directed by Rohit Shetty, that was made on a budget of Rs 150 crore and did a total business of around Rs 35 crore.

PVR INOX Ltd. has lost -33.22% in the last 1 Year

PVR INOX Ltd.

16 Jan 2023

1119.60

-0.73%

FO buzzer: Bears mauls PVR; Kotak downgrades stock

Moneycontrol

The stock has been under pressure despite the merger with nearest rival INOX. Kotak says recent weak collections reflect a change in consumer behaviour with the rise of OTT platforms. A dearth of good stories, too, was hurting box officer performance, it said

PVR INOX Ltd. has lost -33.22% in the last 1 Year

PVR INOX Ltd.

13 Jan 2023

1119.60

-0.73%

Potential for PVR-INOX valuation to move up by 25% to 30% from current levels: Karan Taurani

Economic Times

I think the revenue potential assuming all the synergies what we have assumed right now is a revenue base of almost about Rs 7200 to Rs 7500 crore and in terms of the EBITDA margin rather or in terms of base profitability we have assumed an EBITDA margin of at least about 20% odd.

PVR INOX Ltd. has an average target of 1648.80 from 10 brokers.

PVR INOX Ltd.

13 Jan 2023

1119.60

-0.73%

NCLT gives its nod for merger of PVR and Inox Leisure

Business Line

The combined entity will become leading multiplex operator

PVR INOX Ltd. has an average target of 1648.80 from 10 brokers.

PVR-INOX merger gets NCLT nod

Business Today | 12 Jan 2023 2 more

PVR INOX Ltd.

10 Jan 2023

1119.60

-0.73%

PVR banking heavily on 'Pathaan', other Bollywood releases; says 75-80% pre-pandemic footfalls are back

Business Today

75-80 per cent of our footfalls are back from the pre-pandemic level. This is definitely a content issue. We sold Avatar at an average ticket price of Rs 300 and it is one of the biggest box office successes in the country, Sanjeev Kumar Bijli, Joint Managing Director, PVR said told Business Today.

PVR INOX Ltd. has an average target of 1648.80 from 10 brokers.

PVR INOX Ltd.

09 Jan 2023

1119.60

-0.73%

Multiple chain PVR crosses 900 screens-mark

Business Line

The company added 19 screens with the launch of three new multiplexes in Bengaluru, Jaipur and Gurugram on Monday

PVR INOX Ltd. has lost -33.22% in the last 1 Year

PVR INOX Ltd.

09 Jan 2023

1119.60

-0.73%

PVR aims to operate 1,000 screens by FY24-end, invest Rs 300 cr: JMD

Business Standard

Multiplex operator PVR aims to operate 1,000 screens by the end of FY24, by adding 100 more screens in the next 15 months, the company's Joint Managing Director Sanjeev Kumar Bijli said. The company, which on Monday achieved the milestone of 900 screens, would invest around Rs 300 crore to add another 100 screens, Bijli said. As part of the expansion, the company is entering into newer cities, especially in the south and east parts of the country, where it has a negligible presence. PVR is looking for smaller cities, which are unserved and have "high potential", said Bijli. When asked about expansion, Bijli said, in the current quarter, PVR would add 30 screens. Moreover, some of the screens which are currently under fit-outs would also be ready for operation in the March quarter. "We are now aiming to have 1,000 screens by FY24," said Bijli, adding, "the company would invest around Rs 300 crore to open 100 screens" in the next 15 months. Besides India, PVR has a small presence i