Momentum Pick: PVR’s current underperformance not full movie; wait for up to 40% potential upside

Momentum Pick: PVR’s current underperformance not full movie; wait for up to 40% potential upside

Under pressure for a while now, PVR shares are trading near an important support zone. A solid base formation on technical charts puts it in a strong stead for a potential upside. While, the near term upside could be up to 14%, the stock has the potential to earn nearly Rs 600 per share for … Read more

PVR, Inox Leisure shares rally on strong box office collections for Brahmastra

PVR, Inox Leisure shares rally on strong box office collections for  Brahmastra

Shares of multiplex operators PVR and surged over 5 per cent in Monday’s trade after Brahmastra posted a higher-than-expected box office collection over the weekend. Global box office receipts for Brahmastra are believed to have reached $26.50 million (Rs 211 crore), of which $18 million came from India, $4.50 million from North America and $4 … Read more

Top gainers & losers of the day: Hotel, theatre stocks back in demand; selloff in IT

Top gainers & losers of the day: Hotel, theatre stocks back in demand; selloff in IT

NEW DELHI: The domestic equity market opened with a gap up on Monday but immediately gave in to profit booking, which resulted in a spike in volatility throughout the session. The indices erased initial gains to finally end the session flat with a positive bias. Ratings agency Icra revised its 2021-22 real GDP growth estimate … Read more