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

Can PVR and Inox merger create sustainable value for shareholders?

Can PVR and Inox merger create sustainable value for shareholders?

Even though the pandemic threat has ebbed away and movies are getting released on the big screen, OTT platform’s aggressiveness and increased adoption are a threat to multiplexes. The merger of the two largest multiplexes in India, Inox Leisure and PVR Ltd, has put a big spotlight on this threat, and raised hopes that the … Read more