Moneycontrol PRO
Live Now |Super25 3.0- India’s Largest Online Stock Traders Conference brought to you by Moneycontrol Pro & Espresso

Buy PVR; target of Rs 2240: ICICI Direct

ICICI Direct is bullish on PVR has recommended buy rating on the stock with a target price of Rs 2240 in its research report dated May 10, 2022.

May 12, 2022 / 04:06 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct's research report on PVR


PVR Ltd. is the market leader in terms of multiplex screen count in India. Currently, it operates 854 screens in 173 cinemas in 74 cities in India and Sri Lanka with an aggregate seating capacity of ~1.79 lakhs seats. With leadership in the high realisation key markets of Maharashtra/NCR, it enjoys superior ATP, SPH and advertisement than peers.


Outlook
We maintain BUY rating on the company. We value PVR at Rs 2240 i.e. 15x FY24E 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.

Close



Download your money calendar for 2022-23 here and keep your dates with your moneybox, investments, taxes

Broker Research
first published: May 12, 2022 04:06 pm
Sections
ISO 27001 - BSI Assurance Mark