Nuvama sees a 96% upside potential in PVR INOX and recommends buying the stock with a target price of Rs 1,610, according to JM Financial.
JM Financial has issued a buy rating for PVR INOX, currently trading at Rs 925. The analysts project that the stock price could reach the target price within a year.
PVR INOX, founded in 1995, is a mid-cap company in the media and entertainment sector, with a market capitalization of Rs 9,069.26 crore.
PVR INOX's primary revenue segments include income from films, beverages and food, advertising income, fees and other charges, other operating revenue, and income from film production and distribution for the year ending March 31, 2024.