After 28% fall in 9 months, Nuvama sees 40% upside in PVR; here's why

The stock has lost 19 percent in the last 1 year while, in the last 9 months, since August 2022, the scrip has shed over 28 percent.

PVR shares gain over 2% after foreign investor Berry Creek sells stake via block deal

Two domestic funds and one foreign fund have purchased stakes in the business, according to data available on the exchanges.

Brokerages upbeat on PVR-Inox merged entity, see up to 39% upside

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Brokerage firm Nuvama Wealth Management has a 'buy' recommendation on the stock with a target price of ₹2,125, implying a 39 percent upside. Brokerage firm Prabhudas Lilladher also has a 'buy' call on the stock with a target price of ₹2,096, implying a 37 percent upside.

PVR and Inox merger creates a ‘must-have consumption story’, says Nuvama

<ul><li>The merged company has established a 100-day action plan to finish integrating the two businesses. The combined company is anticipated to spend ₹8–8.5 billion to upgrade and install new movie screens. The cost of the additional screen expansion will be close to ₹7 billion.</li></ul>

PVR, Inox Leisure stocks fall even as Shah Rukh Khan-starrer ‘Pathaan’ sees bumper opening

<ul><li>The shares were seen slipping into the red zone. Analysts believe that the stocks can further correct by 5-7%.</li></ul>

Can SRK-starrer Pathaan join the ₹100-crore club? Investors of PVR and Inox are betting on it

In Q4, the brokerage expects the Shah Rukh Khan-starrer ‘Pathaan’, Ajay Devgan's ‘Bhola’, Akshay Kumar's ‘Selfie’ and Kartik Aryan's ‘Shehzada’ to gross ₹100 crore. Apart from these, movies that may not touch the ₹100 crore mark but may act as fillers (neither a HIT nor a DUD) include ‘Ant-Man and the Wasp', ‘Tu Jhoothi Main Makkar’, ‘Shazam’ and ‘John Wick: Chapter 4’, added PL.

Shah Rukh Khan's 'Pathaan' opens today, likely to earn up to ₹200 crore in its first week; PVR stock in focus

<ul><li>Post pandemic, the Hindi movie 'Pathaan' is already seen in the top three for advance bookings, as per the brokerage report.</li></ul>

PVR and INOX merger: CUTS moves NCLAT against CCI order

In its petition, Consumer Unity &amp; Trust Society (CUTS) has also made PVR and INOX as parties before the National Company Law Appellate Tribunal (NCLAT).

Brokerages positive on PVR as strong line-up including ‘Avatar 2’ may boost Q3 numbers

<ul><li>Nuvama Wealth Management Ltd is bullish on the multiplex company’s Q3FY23 performance as it expects a potential revival in footfalls due to a robust pipeline.</li></ul>

PVR posts wider than expected Q2 loss

PVR's consolidated net loss for the quarter ended September narrowed to 712.3 million rupees ($8.64 million) from 1.53 billion rupees in the pandemic-hit period a year ago, but was bigger than analysts' expectations for a loss of 99.2 million rupees, according to IBES data from Refinitiv.

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After 28% fall in 9 months, Nuvama sees 40% upside in PVR; here's why

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