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Buy PVR; target of Rs 1900: ICICI Direct

ICICI Direct is bullish on PVR has recommended buy rating on the stock with a target price of Rs 1900 in its research report dated October 25, 2021.

October 25, 2021 / 09:56 IST
     
     
    26 Aug, 2025 12:21
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    ICICI Direct's research report on PVR

    PVR Ltd is the market leader in terms of multiplex screen count in India. Currently, it operates 855 screens in 178 cinemas in 72 cities in India and Sri Lanka with an aggregate seating capacity of ~1.81 lakhs seats. With leadership in high realisation key markets of Maharashtra/NCR, it enjoys superior ATP, SPH and advertisement compared to peers

    Outlook

    We maintain BUY rating on the company We value PVR at Rs 1900 i.e. 15x FY23E EV/EBITDA

    For all recommendations report, click here

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Broker Research
    first published: Oct 25, 2021 09:56 am

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