PVR Inox Ltd

(PVRINOX)

PVR INOX Focuses on Re-Releases Amid Challenges - 19 Sep, 2024

PVR INOX is shifting its strategy to focus on re-releases due to a lack of new content, hosting a Kareena Kapoor film festival while facing widening losses of ₹179 crore.

PVR INOX Stock Boosted by Film Festival Announcement - 17 Sep, 2024

PVR INOX receives a buy recommendation from Anand Rathi with a target price of Rs 2065. The company also announces a film festival celebrating Kareena Kapoor Khan's 25-year career, enhancing its cultural engagement.

PVR Inox Stock Rises on Positive Analyst Ratings - 16 Sep, 2024

PVR Inox shares surged nearly 3% following Anand Rathi's buy rating and target price increase to ₹2,065, driven by expectations of strong Q2 revenue from major film releases and improved advertising income. The stock's momentum is supported by plans for expansion and a focus on reducing debt.

ICICI Securities Issues BUY Call for PVR Inox - 15 Sep, 2024

ICICI Securities has given a BUY call for PVR Inox, projecting a share price target of Rs 2,250, citing a potential turnaround due to upcoming big-budget films and asset monetization. However, risks include underperformance of films and merger synergies not meeting expectations. The brokerage suggests entering the stock at Rs 1,595, indicating a 41% upside.

ICICI Securities Upgrades PVR Inox Target Price - 13 Sep, 2024

ICICI Securities has raised the target price for PVR Inox to Rs 2,250, citing expectations of a strong Q3FY25 performance driven by major movie releases and festive season. The brokerage also notes ongoing efforts to monetize non-core assets and improve operational efficiency.

PVR INOX Reports Loss but Projects Strong Growth - 11 Sep, 2024

PVR INOX Limited, with a market cap of ₹157.12 billion, reported a net loss of ₹1.79 billion for Q1 2024. However, revenue is expected to grow at 12.1% annually, surpassing the market average, and earnings are projected to increase by 60.6% over the next three years.

PVR Inox Stock Rises on Strong Box Office Performance - 05 Sep, 2024

PVR Inox shares experienced a notable rise, gaining close to 4% on September 5, 2024, driven by strong box office collections and strategic growth plans, including new screen additions and a capital-light growth model.

PVR INOX to Close 70 Underperforming Screens - 02 Sep, 2024

PVR INOX has announced plans to close 70 non-performing screens in FY25 as part of a strategy to enhance profitability and explore monetisation of non-core real estate assets in key cities.

PVR INOX Shuts Screens, Focuses on Profitability - 01 Sep, 2024

PVR INOX plans to close 70 non-performing screens in FY25 while adding 120 new ones. The company aims to monetise non-core real estate assets and reduce net debt, pursuing a capital-light growth model.

PVR Inox Reports Weak Q1 Performance Amid Low Occupancy - 27 Aug, 2024

PVR Inox reported a net loss of Rs 179 crore in Q1FY25, with revenues down 9% QoQ and occupancy at 20%. Despite this, Q2FY25 collections appear strong, and the current valuation is deemed reasonable at FY26 EV/EBITDA of 6.8x.

PVR Inox Promoters Trim Stake Amid Mixed Results - 22 Aug, 2024

PVR Inox promoters, led by Ajay Bijli, offloaded 3.25 lakh shares, reducing their stake to 6.07%. Despite mixed financial results, the stock saw a slight increase post-announcement.

PVR Inox Reports Loss Amid Strategic Changes - 21 Aug, 2024

PVR Inox reported a wider-than-expected loss of Rs 179 crore, despite leveraging successful content like 'Stree 2' for recovery. The company aims to cut capex by 30% and is focusing on a franchise model, premium pricing, and alternative content to engage audiences. Over 4 lakh passports have been sold, indicating a strategy to enhance customer retention.