11,829.40-251.45
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy PVR, target Rs 1,860: Kunal Bothra

Buy PVR Ltd. at a price target of Rs 1860.0 and a stoploss at Rs 1770 from entry point.

ETMarkets.com|
Last Updated: Nov 22, 2019, 09.15 AM IST
0Comments
ThinkStock Photos
buy-sell10
Independent analyst Kunal Bothra has a buy call on PVR Ltd. with a target price of Rs 1860. The current market price of PVR Ltd. is Rs 1796.05. Time period given by the analyst is Intra Day when PVR Ltd. price can reach the defined target. Kunal Bothra recommended to keep stoploss at Rs 1770. PVR Ltd., incorporated in 1995, has a market cap of Rs 9734.49 crore.

PVR Ltd. key Products/Revenue Segments include Income From Films which contributed Rs 1508.81 Crore to Sales Value (54.93 % of Total Sales), Beverages & Food which contributed Rs 757.02 Crore to Sales Value (27.56 % of Total Sales), Income From Advertisement which contributed Rs 329.02 Crore to Sales Value (11.97 % of Total Sales), Fees & Other Charges which contributed Rs 133.95 Crore to Sales Value (4.87 % of Total Sales), Other Operating Revenue which contributed Rs 16.30 Crore to Sales Value (0.59 % of Total Sales) and Income from Films Production & Distribution which contributed Rs 1.59 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 973.18 Crore, up 10.54 % from last quarter Sales of Rs 880.39 Crore and up 37.35 % from last year same quarter Sales of Rs 708.55 Crore Company has reported net profit after tax of Rs 47.83 Crore in latest quarter. The company’s top management includes Mr.Ajay Bijli, Mr.Sanjai Vohra, Mr.Sanjeev Kumar, Mr.Vikram Bakshi, Mr.Vishal Mahadevia, Ms.Deepa Misra, Ms.Pallavi Shardul Shroff, Ms.Renuka Ramnath. Company has BSR & Co. LLP as its auditoRs As on 30-10-2019, the company has a total of 51,290,845 shares outstanding.

Also Read

Sell SRF, price target Rs 4,000: Kunal Bothra

Buy State Bank of India, price target Rs 344: Kunal Bothra

Buy Manappuram Finance, price target Rs 188: Kunal Bothra

Buy NIIT Technologies, price target Rs 1,900: Kunal Bothra

Kunal Bothra’s top stock picks for the week ahead

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service