Buy PVR, target price Rs 1679: ICICI Securities

Buy PVR, target price Rs 1679: ICICI Securities
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7830.15 Crore) operating in Media & Entertainment sector.

Shutterstock.com
Promoters held 18.8 per cent stake in the company as of Sept 30, 2020, while FIIs held 34.6 per cent, DIIs 30.1 per cent and public and others 16.6 per cent.

INSIGHTS

Read Stock Insights by ET for a quick analysis

PEER COMPANIES

Explore Now
ICICI Securities has buy call on PVR with a target price of Rs 1679. The current market price of PVR is Rs 1423.8 .

PVR Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7830.15 Crore) operating in Media & Entertainment sector.

Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 40.45 Crore, up 218.50 % from last quarter Sales of Rs 12.70 Crore and down -95.84 % from last year same quarter Sales of Rs 973.18 Crore Company reported net profit after tax of Rs -183.62 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 18.8 per cent stake in the company as of Sept 30, 2020, while FIIs held 34.6 per cent, DIIs 30.1 per cent and public and others 16.6 per cent.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

Read before you invest. Insights on PVR Ltd.. Explore Now